Netflix Inc. signed on 2.4 million new subscribers as its revenue rose to $7.93 billion in the third quarter. The subscriber number was more than double what the streaming giant had previously forecast and comes after two straight quarters of declining subscriber numbers. Netflix (Nasdaq: NFLX) reported a 3.5% drop in third-quarter profits to $1.4 billion while revenue grew 6% to $7.93 billion. Read More...
Netflix Inc. signed on 2.4 million new subscribers as its revenue rose to $7.93 billion in the third quarter. The subscriber number was more than double what the streaming giant had previously forecast and comes after two straight quarters of declining subscriber numbers. Netflix (Nasdaq: NFLX) reported a 3.5% drop in third-quarter profits to $1.4 billion while revenue grew 6% to $7.93 billion.
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