Join Nostr
2025-10-21 20:55:01 UTC

Fiat News šŸ’µšŸ“° on Nostr: Netflix reported Q3 results with revenue rising 17.2% year-on-year to $11.51 billion, ...

Netflix reported Q3 results with revenue rising 17.2% year-on-year to $11.51 billion, in line with expectations, but earnings per share missed consensus at $5.87 — more than $1 below analysts' estimates. This was the third EPS miss in the past 17 quarters and shares fell as much as 7% in after-hours trading. #NFLX #Netflix

The company said an operating margin of 28% fell short of its 31.5% estimate due to costs tied to an ongoing dispute with Brazilian tax authorities. "Without these costs we would have exceeded our operating margin forecast in Q3. We do not expect that matter to have a material impact on future results," Netflix said.

Netflix posted record ad-sales and said it was "on track to more than double ad revenue in 2025." For Q4 the company guided revenue of $11.96 billion (street $11.90 billion) and EPS of $5.45, citing strong year-end momentum and programming including the final season of Stranger Things and several live events. Full-year revenue is expected at $45.1 billion. #FiatNews