Netflix beats earnings by 45%

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Source: Dukascopy Bank SA


The stock price of Netflix surged more than 15.00% during the first 30 minutes of the day's US trading due to better than expected quarterly earnings report.

The company reported earnings per share of $3.10 instead of market expected $2.14. Meanwhile, the company's total revenue increased by only 1.12%.

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Thu, 20 Oct 2022 09:53:45 GMT

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