Netflix Q3 earnings beat with streamer adding 2.4M subscribers

Netflix Q3 earnings beat with streamer adding 2.4M subscribers

Netflix (NFLX) reported its fiscal third quarter earnings on Tuesday after the bell, crushing expectations and prompting shares to surge more than 14% in after hours trading.

Here are Netflix’s third quarter results compared to Wall Street’s consensus estimates, as compiled by Bloomberg:

  • Revenue: $7.93 billion versus $7.85 billion expected

  • Adj. earnings per share (EPS): $3.10 versus $2.22 expected

  • Subscriber net additions: +2.41 million versus +1 million estimated

In a note to shareholders, the…


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