From Seekingalpha · Cyn Research · · 30s
Netflix Stock Gains Despite Market Skepticism
Netflix earnings grow but investors remain cautious.
In brief
Netflix earnings grow but investors remain cautious. Netflix reported 11.8% revenue growth and 37% operating income increase in Q3, yet stock price fell 25% since author's bullish coverage began. Originally reported by Seekingalpha.
Q3 Results
Netflix reported 11.8% revenue growth and 37% operating income increase in Q3.
Stock Performance
Stock price dropped 25% since author's bullish coverage began in January.
Market Reaction
Investors remain skeptical despite strong free cash flow and international content growth.
The bottom line
Netflix reported 11.8% revenue growth and 37% operating income increase in Q3, yet stock price fell 25% since author's bullish coverage began.
