© Reuters. Netflix Earnings, Revenue Beat in Q3
Investing.com – Netflix (NASDAQ:) reported on Tuesday third quarter that beat analysts’ forecasts and revenue that topped expectations.
Netflix announced earnings per share of $3.10 on revenue of $7.93. Analysts polled by Investing.com anticipated EPS of $2.18 on revenue of $7.85B.
Netflix shares are down 60% from the beginning of the year, still down 65.64% from its 52 week high of $700.99 set on November 17, 2021.
Netflix shares gained 10.04% in after-hours trade following the report.
Netflix follows other major Communication Services sector earnings this month
Netflix’s report follows an earnings missed by Manchester United on September 22, who reported EPS of $-0.1238 on revenue of $118.5M, compared to forecasts EPS of $-0.11 on revenue of $132.8M.
Ihuman had beat expectations on September 22 with third quarter EPS of $0.4 on revenue of $230.61M, compared to forecast for EPS of $0.1298 on revenue of $471.27M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar