Netflix (NFLX) raises buyback plan by $10 billion
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Goldman Sachs on Netflix (NFLX) Earnings: 'We expect the market to have a positive reaction'
October 18, 2023 4:46 PM EDTGoldman Sachs analyst Eric Sheridan reiterated a Neutral rating and $390.00 price target on Netflix (NASDAQ: NFLX)
The analyst comments "We expect the market to have a positive reaction to Netflixs Q3 23 earnings report on the back of strong results in terms of both subscriber net addition performance (continued execution against the subscriber password initiatives, the scaling of ad supported... More
Netflix jumps 14% after surge in third quarter subscribers; Earns analyst upgrade
October 18, 2023 4:33 PM EDT(Updated - October 19, 2023 5:39 AM EDT)
Investing.com -- Netflix (NASDAQ: NFLX) shares jumped more than 13.5% in pre-market Thursday trading after it handily beat profit expectations as subscriber numbers rose.
The streaming giant reported earnings per share of $3.73 on revenue of $8.54 billion. Analysts expected EPS of $3.49 and revenue of $8.54 billion. The third quarter results beat Netflixs previous guidance.
The company said paid subscribers rose 8.76 million in the third quarter,... More
Netflix (NFLX) said it will be raising prices starting today
October 18, 2023 4:11 PM EDTWith earnings, Netflix (NASDAQ: NFLX) said it will be raising prices starting today:
"While we mostly paused price increases as we rolled out paid sharing, our overall approach remains the same a range of prices and plans to meet a... MoreNetflix raises prices and adds subscribers, despite strikes
October 18, 2023 4:09 PM EDTBy Lisa Richwine and Dawn Chmielewski
LOS ANGELES (Reuters) -Netflix increased subscription prices for some streaming plans in the United States, Britain and France on Wednesday as it shattered expectations for new customers, sending its shares surging 13%.
Almost 9 million subscribers joined Netflix around the globe in the third quarter, surpassing Wall Street analysts' forecast for 6 million, according to LSEG. Netflix said it expected a similar number of additions in the current quarter.
The strong performance showed Netflix was thriving despite Hollywood labor tensions that shut down a large swath of U.S. production. Netflix... More
Netflix (NFLX) gains 8% immediately following results:
October 18, 2023 4:03 PM EDTNetflix (NASDAQ: NFLX) gains 8% immediately following results:
reported Q3 EPS of $3.73, $0.24 better than the analyst estimate of $3.49. Revenue for the quarter came in at $8.54 billion versus the consensus estimate of $8.54 billion.The company added 8.76 million Global Streaming Paid Memberships, versus the consensus of 6.2 million.guidance relatively in-line... MoreNetflix (NFLX) Tops Q3 EPS by 24c; Subs Beat
October 18, 2023 4:01 PM EDTNetflix (NASDAQ: NFLX) reported Q3 EPS of $3.73, $0.24 better than the analyst estimate of $3.49. Revenue for the quarter came in at $8.54 billion versus the consensus estimate of $8.54 billion.
The company added 8.76 million Global Streaming Paid Memberships, versus the consensus of 6.2... More
