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LOS ANGELES — Netflix reported earnings after the bell. Listed here are the outcomes.

  • Earnings per share: $5.40. That won’t examine with the $5.12 anticipated by LSEG.
  • Income: $9.83 billion. That won’t examine with the $9.76 billion anticipated by LSEG.
  • Paid memberships: 282.15 million anticipated, in response to StreetAccount

Lively subscriber numbers are anticipated to be flat for the third quarter, as features from its crackdown on password sharing begin to taper off. This has led some Wall Road analysts to foretell that Netflix will quickly announce value hikes.

New Road Analysis analyst Dan Salmon and Morgan Stanley analyst Benjamin Swinburne each famous anticipated value improve bulletins in current analysis notes to buyers.

As of Wednesday’s shut, the corporate’s inventory was up 44% yr thus far and round 95% over the previous 12 months.

This can be a breaking information story. Please examine again for updates.

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Correction: This story has been up to date to right Netflix’s income for the third quarter. The corporate reported $9.83 billion in income.



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