Netflix: Earned More Subscribers Than Expected 3rd Quarter

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The global leader in online video has seen its subscriber base rebound after eroding its customer base last quarter for the first time in eight years.
In after-market trading, the Netflix stock gained more than 10%.
The group, which is however faced with new competitors like Disney, gained 6.77 million paying subscribers in the world over the period, a little better than what the analysts expected (consensus IBES / Refinitive 6.7 million).
Netflix is ​​targeting 7.6 million additional customers during the fourth quarter, a figure lower than analysts' expectations (9.4 million).

(Jean-Michel Belot)



Source link
https://www.zonebourse.com/NETFLIX-44292425/actualite/Netflix-a-gagne-un-peu-plus-d-abonnes-que-prevu-au-3e-trimestre-29386330/

Dmca

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