$Netflix (NFLX.US)$ posted the third quarter results, showing investors the streamer can continue to attract new subscribers.
Earnings per share (EPS): $3.19 vs $2.56 according to Refinitiv survey of analysts
Revenue: $7.48 billion vs $7.48 billion, according to Refinitiv
Global paid net subscriber additions: 4.4 million vs 3.84 million, according to StreetAccount
The company also gave a nod to the top show of the quarter, “Squid Game.” Netflix said the South Korean dystopian series has become its “biggest TV show ever.” The company said 142 million member households globally watched the show in its first four weeks.
The company also pointed to the cultural relevance of the show.
“Like some of our other big hits, Squid Game has also pierced the cultural zeitgeist, spawning a Saturday Night Live skit and memes/clips on TikTok with more than 42 billion views,” the company said.
Have you watched "Squid Game"?
What's expected and what's beyond your expectation after the earnings released?
Do you think NFLX can keep making hits like Squid Game and fly through the roof in Q4?
Here's the Netflix Q3 earnings replay
Source:
Netflix posts solid beats on earnings and new subscribers