Finance time 📉

Earnings: Netflix , Tesla

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    Youtube channel : Trader Space

    • 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


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      Finance time 📉By Trader Space