Comment on NETFLIX CRASHES AFTER EARNINGS (NFLX)

NETFLIX CRASHES AFTER EARNINGS (NFLX)

Netflix reported Q3 EPS of $0.96, topping expectations for earnings of $0.93. Revenue for the quarter came in at $1.22 billion against estimates for $1.41 billion. Netflix shares were down as much as 13% in immeidate reaction in after hours trade. Analysts are also looking for the company to add 1.37 million in domestic net streaming customers in the quarter.

 

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