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Netflix Q3 profit of $3.66 billion beats expectations

Associated Press ·

NFLX Netflix Inc
$65.04 -5.31%
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  1. 1Netflix reported a third-quarter profit of $3.66 billion.
  2. 2Netflix's third-quarter earnings per share of 87 cents exceeded Wall Street expectations.
  3. 3Netflix's revenue of $12.87 billion for the period was in line with market forecasts.

So what's the key point?

Netflix earned $3.66 billion in the third quarter. This is positive news as the amount earned was higher than what experts expected.

Source Associated Press · View original ↗

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