Benzinga
Benzinga
  • 9 hours ago
Netflix shares climbed in premarket trading Friday after the company reported strong third-quarter earnings and provided an optimistic fourth-quarter outlook. Netflix exceeded earnings and revenue expectations for the recent quarter, surpassing analyst projections. The streaming giant saw significant growth in its ad-supported membership tier, which rose 35% quarter-over-quarter. Netflix expects ads to drive revenue primarily in 2026.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Netflix shares climbed in pre-market trading Friday after the company reported strong
00:06third-quarter earnings and provided an optimistic fourth-quarter outlook.
00:10Netflix exceeded earnings and revenue expectations for the recent quarter,
00:13surpassing analyst projections. The streaming giant saw significant growth in its ad-supported
00:19membership tier, which rose 35% quarter over quarter. Netflix expects ads to drive revenue
00:24primarily in 2026. For all things money,
00:28visit Benzinga.com slash GSTV.

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