Netflix Post Q3 Earnings Analysis

NFLX - Netflix neared a record all-time high after market close - as the largest streaming service brought in more subscribers than analysts projected in Q3. Profit also beat forecasts, while Revenue was in line with estimates.

EPS of $3.19
Sales +16.3% to $7.48 billion - anticipates another +16% gain in revenue Q4
Profit of $1.4B
Revenue of $7.5B
 
Netflix added +4.4M subscribers globally to total 213M - expects to increase its subscriber base by +8.5M in Q4