Netflix Crushes Subscriber Growth Estimates, and Markets Continue Rally 10/18/22
CNBC's "Fast Money"
00:00
Netflix Says It's Adding More Subscribers Than Analysts Expected
Netflix added 2.4 million subscribers in the third quarter, half a million more than expected. The company will no longer give forward subscriber guidance as it tries to shift focus away from subscriber metrics. Netflix is focusing now on revenue with their diversification thanks to advertising and paid sharing.
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