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Netflix Beats Earnings Estimates with Strong Subscriber Growth
Netflix reported positive earnings results, exceeding analyst expectations with a subscriber growth of 5.1 million in Q3. This surge in subscribers contributed to a rise in revenue and operating margins for the streaming giant.
Revenue and Operating Margins Rise
Netflix's financial performance thrived alongside its impressive subscriber growth. The company's revenue and operating margins both witnessed an increase.
Looking Ahead: Continued Growth Expected
Fueled by the highly anticipated second season of Squid Game, Netflix projects continued subscriber growth in the fourth quarter.
