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- netflix
- Netflix increased subscription prices, but subscriber growth remained strong.
- Netflix added almost 9 million subscribers in the third quarter, surpassing expectations.
- Netflix's customer gains represented its strongest quarterly uptick since the second quarter of 2020.
- Netflix's stock price surged on the news.
- Netflix posted strong revenue and earnings for the third quarter.
- Netflix's forecast for fourth-quarter revenue was slightly below expectations.
- Netflix continued to dominate viewership in the United States.
Adjusted earnings per share: 66 cents vs. 73 cents expected- Revenue: $23.35 billion vs. $24.1 billion expected
- Total operating margin: 7.6% vs. 17.2% a year ago
- Gross margins excluding credits: 16.1% vs. 18.7% in Q2
Youtube channel : Trader Space
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