Netflix has seen its share of plot twists recently. The pleasant surprise helped revenue and operating income exceed Wall Street’s projections for the quarter, sending Netflix’s shares up more than 14% in after-hours trades following the report. Netflix also projected the addition of 4.5 million new subscribers for the fourth quarter—exceeding the 4 million net additions expected by analysts. Read More...
Netflix has seen its share of plot twists recently. The pleasant surprise helped revenue and operating income exceed Wall Street’s projections for the quarter, sending Netflix’s shares up more than 14% in after-hours trades following the report. Netflix also projected the addition of 4.5 million new subscribers for the fourth quarter—exceeding the 4 million net additions expected by analysts.
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