Netflix earnings fall short of forecasts despite strong revenue

Netflix earnings fall short of forecasts despite strong revenue

Business

Netflix, the American streaming service provider, reported a profit of $2.5 billion in the third quarter of this year.

This figure fell short of both market expectations and the company’s own forecast, CE Report quotes STA.

The company’s revenues for the quarter reached $11.5 billion.

Foto: dpa/STA

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