Netflix (NASDAQ:NFLX) reported third-quarter earnings per share of $3.10, beating analysts’ expectations of $2.18 by $0.92. Revenue for the quarter was $7.93 billion, compared to the consensus estimate of $7.85 billion.
The company reported a net increase in paid streaming worldwide of 2.4 million, compared to an expected figure of 1 million.
Netflix expects fourth-quarter 2022 earnings per share to be $0.36, compared to the consensus estimate of $1.12. Netflix expects $7.776 billion in revenue in the fourth quarter of 2022, compared to the consensus estimate of $7.97 billion. During the quarter, the company recorded a net increase of 4.5 million global streaming payments.
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Post time: Oct-19-2022