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Netflix posts higher Q3 profit but revenue growth worries pull shares lower
Netflix, which announced layoff plans last week, posted a third-quarter profit above Wall Street's expectations, but investors sent shares down after the streaming company lowered its ad sales guidance, prompting worries about slowing revenue growth. Netflix said Tuesday it earned $3. 66 billion, or 87 cents per share, for the July-September period. That's up 44% from $2. 55 billion, or 59 cents per share, a year earlier. Revenue rose 12% to $12. 87 billion from $11. 51 billion. Analysts by of...
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- Netflix posts higher Q3 profit but revenue growth worries pull shares lower
- Christina Applegate says her doctor told her she was misdiagnosed with MS
- Written originally for Lincoln, Lift Evry Voice and Sing now revered as Black National Anthem
- CNN threatens new legal action, saying its still being denied access to Air Force One
- At least $963K in trading cards were stolen from a FedEx truck in California
- John Turturro, thief of New York characters, stars in The Only Living Pickpocket in New York
- A new Beatles attraction is coming to Liverpool as interest in the Fab Four surges
- The Simpsons resurrects Apu after nearly a decade of silence
- Can DC blend horror with a superhero movie? Clayface wants to blur genres
- CNN anchor Christiane Amanpour leaving network after a storied career of 43 years
- Richard Riehle, dependable TV and film character actor who was in Glory and Office Space, dies
- Box Office: Elizabeth Holmes movie You Can See Everything is now a hit in theaters too
- New Mexico judge tosses charges against actor Timothy Busfield, citing prosecutor misconduct
- Selma Blairs representatives say she didnt intend to hurt anyone on flight that led to her arrest
- Florida art dealer gets nearly 4 years in prison for scheme to sell fake Andy Warhol artworks
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