• Netflix shares surge on positive subscriber news

    6 monthes ago - By Washington Post

    The streaming service added 6.96 million subscribers, beating analyst predictions, in the third quarter.
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  • Netflix eases Wall Street worries with record quarter

    6 monthes ago - By Reuters

    Netflix Inc hooked 7 million new streaming subscribers from July to September, a third more than Wall Street had expected, reassuring investors who had worried the company was facing a slowdown in its fast-paced growth.
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  • Netflix' Stock Surges 15% as Earnings, Subscriber Growth Blows Away Wall Street's Forecasts

    6 monthes ago - By Fortune

    Netflix shares shot up 15% late Tuesday after reporting net income as well as growth in subscribers that significantly beat the figures forecast by Wall Street analysts.
    Netflix, traditionally the first tech company to report its earnings each quarter, said revenue grew 34% in the quarter, in line with analyst estimates. Net income came in at 89 cents per share, beating Wall Street's number by 21 cents a share.
    The number of net new subscribers, a closely watched figure among Netflix investors, increased by 7 million last quarter to a total of 137.1 million subscribers. Subscriber growth...
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  • Netflix shares are up after the streaming service adds nearly 7M new subscribers in Q3

    Netflix shares are up after the streaming service adds nearly 7M new subscribers in Q3

    6 monthes ago - By Tech Crunch

    After a disappointing second quarter , Netflix is back in Wall Street's good graces. The company just released its third quarter earnings report , and as of 5:30pm East Coast time, the stock is up 12 percent in after hours trading.
    The most important number here is subscriber growth, and that's where Netflix came in way ahead of expectations, with 6.96 net additions, compared to the 5.07 million that analysts predicted. The service now has a total of 137 million members, and 130 million paying members.
    The company also reported earnings of 89 cents per share on revenue of $4 billion...
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  • Netflix's 3Q subscriber growth gets rave reviews on Wall St

    6 monthes ago - By Chron

    SAN FRANCISCO - Netflix regained its stride with surprisingly strong subscriber growth during the summer after an unexpected stumble during the spring triggered worries its video streaming service was losing its allure.
    The service added 7 million subscribers worldwide from July through September, far above the target of 5 million set by Netflix's management and exceeding analyst projections.
    The third-quarter performance came after Netflix fell well shy of its subscriber goals for the April-to-June period, raising fears that fiercer competition from Amazon, Hulu, and others streaming...
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  • Netflix spikes after earnings and subscribers blow past estimates

    Netflix spikes after earnings and subscribers blow past estimates

    6 monthes ago - By Business Insider

    Netflix posted Tuesday third-quarter earnings and subscriber growth that topped expectations.
    The streaming giant also announced fourth-quarter subscriber growth that blew past expectations.
    Shares rallied 14% on the news.
    Watch Netflix trade in real time here.
    Netflix shares rallied 14% following Tuesday's closing bell after the streaming giant announced third-quarter earnings and subscriber growth blew past Wall Street expectations.
    Here are the important numbers:
    Subscriber additions: 7 million total. Analysts were expecting 4.8 million - 600,000 in the US and 4.2 million...
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  • Netflix subscriber growth beats estimates, shares surge

    6 monthes ago - By Reuters

    Netflix Inc added more subscribers than expected in the third quarter, as new seasons of original shows such as "Orange is The New Black" and "BoJack Horseman" pulled in users.
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