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COVERAGE GAP

Netflix Earnings Beat But Growth Slows

Netflix beat third-quarter earnings estimates but projected weaker fourth-quarter sales growth and advertising revenue.

COVERAGE GAPLEFT SOURCES ONLY

NOT REPORTED ELSEWHERE

  • ▸Netflix delivered $12.9 billion in third-quarter sales, in line with Wall Street expectations. — Bloomberg Markets
  • ▸Netflix forecasted fourth-quarter sales of $13.4 billion, falling short of analyst predictions. — Bloomberg Markets
  • ▸Sales growth is projected to fall from 17.6% to 11.5% year-over-year. — Bloomberg Markets

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