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As a result, the company’s revenue in the third quarter of this year increased 22.7 percent compared to the same period last year, to $ 6.44 billion. The company’s revenue was $ 5.2 billion in the July-September period last year.
Netflix’s net profit also increased to $ 790 million in the third quarter of this year, an increase of 18.8 percent compared to the same period last year. The firm’s net profit was $ 665 million in the third quarter of last year.
DECREASED 67.5 PERCENT
The company’s earnings per share, which were $ 1.47 in the third quarter of last year, reached $ 1.74 in the same period this year. New Netflix subscriber growth slowed in the third quarter of this year.
The number of new subscribers to this television network was 2.2 million in the third quarter of this year, 67.5 percent less than in the same period last year. Netflix had approximately 6.8 million new subscribers in the July-September period of last year.
Netflix had 15.8 million new subscribers in the first quarter of this year and 10.1 million in the second quarter.
SOURCE: AA
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