Netflix Q3 Earnings Miss Estimates but Revenue Meets Forecasts

The streaming giant reported $5.87 EPS against a $6.96 estimate, with revenue in line at $11.51 billion, and raised full-year revenue guidance.

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Terms & Concepts
  • EPS (Earnings Per Share): A company's profit divided by the number of outstanding shares, indicating profitability on a per-share basis.
  • Revenue Guidance: An estimate provided by a company on its expected future revenue, often influencing investor expectations.
  • Q3: Refers to the third quarter of a fiscal year, covering a three-month period in the company's financial reporting calendar.