Netflix (NFLX) reported paid subscriber additions and guidance that sharply missed estimates, with subscriber growth decelerating more sharply than expected over the course of 2020 after a strong initial surge in sign-ups. Shares traded more than 5% lower after market close Tuesday afternoon.
Here were the main results from the report, compared to consensus estimates compiled by Bloomberg:
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Q3 Revenue: $6.44 billion vs. $6.39 billion expected
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Q3 Earnings per share: $1.74 vs. $2.13 expected
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Q3…
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