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Netflix reports $12.9 billion in Q3 revenue; lowers advertising revenue forecast

The Motley Fool +1 ·

NFLX Netflix Inc
$65.85 -1.79%
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  1. 1Netflix recorded $12.9 billion in revenue for the third quarter.
  2. 2Netflix lowered its 2026 advertising revenue forecast to $2.7 billion.
  3. 3Netflix appointed Peter Rice as Chief Content Officer.

So what's the key point?

Netflix earned $12.9 billion in revenue during the third quarter. However, the expected amount of money from advertising has been lowered.

Source The Motley Fool +1 · View original ↗

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