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Netflix shares fall despite improved third-quarter profitability

The Motley Fool +1 ·

NFLX Netflix Inc
$65.04 -5.31%
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  1. 1Netflix recorded $12.9 billion in third-quarter revenue.
  2. 2Netflix achieved a 12% year-over-year revenue growth rate in the third quarter.
  3. 3Netflix shares fell approximately 6% in after-hours trading.

So what's the key point?

Netflix recorded $12.9 billion in third-quarter revenue. However, the stock price fell about 6% in after-hours trading.

Source The Motley Fool +1 · View original ↗

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