Author name: Admin

Netflix spikes 11% after global subscriber growth blows away forecasts (NFLX)

Netflix’s stock gained as much as 11% after reporting international new subscriber additions in the third quarter that beat Wall Street forecasts. The streaming giant also reported earnings per share that handily exceeded estimates. Here are the key numbers from Netflix’s third-quarter earnings report: Revenue: $5.244 billion, compared to $5.248 billion expected by analysts Earnings

Netflix spikes 11% after global subscriber growth blows away forecasts (NFLX) Read More »