Netflix beats Q3 profit forecasts but shares fall on ad sales outlook
Briefing by News4U · First published
Netflix reported higher third-quarter profit yet lowered ad-sales guidance, sending shares lower.
Japan Today Business reported that Netflix posted a third-quarter profit above Wall Street expectations but lowered its ad-sales guidance, prompting investors to send shares lower. [1]
Sources
- Netflix posts higher Q3 profit but revenue growth worries pull shares lower
Japan Today Business · · Summary only