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Netflix Stock Is Soaring After Its Earnings Easily Beat Expectations. What You Need to Know.

For the September quarter, Netflix posted revenue of $5.244 billion, just a hair below the company’s projection of $5.25 billion. The company’s operating margin came in at 18.7%, well ahead of the projected 14.3%. For the fourth quarter, Netflix is projecting revenue of $5.442 billion with per-share earnings of 51 cents, and 7.6 million net new subscriber adds. Read More...

For the September quarter, Netflix posted revenue of $5.244 billion, just a hair below the company’s projection of $5.25 billion. The company’s operating margin came in at 18.7%, well ahead of the projected 14.3%. For the fourth quarter, Netflix is projecting revenue of $5.442 billion with per-share earnings of 51 cents, and 7.6 million net new subscriber adds.

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