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Netflix Q3 operating profit surges 37.3% but advertising revenue outlook lowered

The Motley Fool +1 ·

NFLX Netflix Inc
$65.85 -1.79%
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  1. 1Netflix Q3 operating profit recorded a 37.3% surge compared to the same period last year.
  2. 2Netflix reduced its annual advertising revenue guidance by approximately $300 million.
  3. 3Netflix recently appointed Peter Rice as Chief Content Officer.

So what's the key point?

Netflix Q3 operating profit surged 37.3% compared to the same period last year.

Source The Motley Fool +1 · View original ↗

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