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Netflix’s Big Gains

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Netflix’s Big Gains

B
Benzinga

5 Views • Oct 19, 2022

Description

Netflix ($NFLX@US) gained 2.4 million new subscribers in its September quarter, surpassing its forecast of a net gain of 1 million new subscribers. Netflix fell short of subscriber growth in its two previous quarters, raising doubts about its ability to expand in a more competitive market. The company’s shares rose 14% in after-hours trading following the results.

Keywords & Tags

#earnings #business #netflix #netflix shows #streaming service #IoT #subscription service #3rd quarter #Viewers #bring subscribers back #streaming shows #subs #movies #documentaries #shows #Subscriber Growth #new subscribers #new subs

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