<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Subscriber adds were disappointing on the U.S. side — 517K new streaming subscribers in the quarter missed the 0.8 million estimate — though at least this was a positive number, as opposed to the previous quarter which showed negative subscriber adds. Guidance for subscribers in Q4, when we expect Disney+ and Apple TV+ to come on market as well, also disappointed: 7.6 million streaming net adds are expected, down from the estimated 9.5 million.” data-reactid=”20″>Subscriber adds were disappointing on the U.S. side — 517K new streaming subscribers in the quarter missed the 0.8 million estimate — though at least this was a positive number, as opposed to the previous quarter which showed negative subscriber adds. Guidance for subscribers in Q4, when we expect Disney+ and Apple TV+ to come on market as well, also disappointed: 7.6 million streaming net adds are expected, down from the estimated 9.5 million.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="International net adds made up the difference: 6.255 million outperformed the 6.05 million analysts were anticipating. This shows Netflix’s long-term goals of expanding its market globally is bearing fruit, even if domestic challenges look to provide headwinds going forward. ” data-reactid=”22″>International net adds made up the difference: 6.255 million outperformed the 6.05 million analysts were anticipating. This shows Netflix’s long-term goals of expanding its market globally is bearing fruit, even if domestic challenges look to provide headwinds going forward.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="IBM Corp. IBM posted mixed results in its Q3 report this afternoon, beating on the bottom line — $2.68 per share versus $2.64 expected — but missing on the top: $18.08 billion, down from the Zacks consensus $18.24 billion. This is the fifth straight quarter of shrinking sales revenue for the tech giant, as it continues to re-focus its platforms. A 2% gain in cloud revenue is decent, but not good enough to keep the stock from selling off 2.7% in the after-market.” data-reactid=”24″>IBM Corp. IBM posted mixed results in its Q3 report this afternoon, beating on the bottom line — $2.68 per share versus $2.64 expected — but missing on the top: $18.08 billion, down from the Zacks consensus $18.24 billion. This is the fifth straight quarter of shrinking sales revenue for the tech giant, as it continues to re-focus its platforms. A 2% gain in cloud revenue is decent, but not good enough to keep the stock from selling off 2.7% in the after-market.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Free: Zacks’ Single Best Stock Set to Double” data-reactid=”26″>Free: Zacks’ Single Best Stock Set to Double
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Today you are invited to download our just-released Special Report that reveals 5 stocks with the most potential to gain +100% or more in 2020. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.” data-reactid=”27″>Today you are invited to download our just-released Special Report that reveals 5 stocks with the most potential to gain +100% or more in 2020. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="This pioneering tech ticker had soared to all-time highs and then subsided to a price that is irresistible. Now a pending acquisition could super-charge the company’s drive past competitors in the development of true Artificial Intelligence. The earlier you get in to this stock, the greater your potential gain.
Download Free Report Now >>” data-reactid=”28″>This pioneering tech ticker had soared to all-time highs and then subsided to a price that is irresistible. Now a pending acquisition could super-charge the company’s drive past competitors in the development of true Artificial Intelligence. The earlier you get in to this stock, the greater your potential gain.
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International Business Machines Corporation (IBM) : Free Stock Analysis Report
Netflix, Inc. (NFLX) : Free Stock Analysis Report
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Zacks Investment Research” data-reactid=”29″>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
International Business Machines Corporation (IBM) : Free Stock Analysis Report
Netflix, Inc. (NFLX) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
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