Comment on Netflix shares surge to record high on 5.3 million new subscribers, strong Q3 (Video)

Netflix shares surge to record high on 5.3 million new subscribers, strong Q3 (Video)

Netflix stock surged Monday on third quarter earnings that beat Wall Street analyst expectations and strong subscriber growth. The Los Gatos-based streaming service brought in earnings of 37 cents per share on $2.99 billion in revenue. Analysts pegged the company’s earnings at 32 cents per share on $2.97 billion in revenue, according to Yahoo Finance.

 

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