Netflix, which announced layoff plans last week, posted a third-quarter profit above Wall Street’s expectations. But investors sent shares down after the streaming company lowered its ad revenue guidance. Netflix said Tuesday it earned $3.
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Developments in this update
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Netflix Inc. reported earnings for the third quarter that exceeded Wall Street expectations, but forecast a fourth consecutive quarter of slowing sales growth, a projection that may amplify concerns about the performance of the world’s leading online TV network.
Netflix’s third-quarter 2026 earnings met revenue expectations and it slightly beat on the bottom line. But the streamer faces an urgent need to refresh its queue: Revenue growth in the period slowed to its lowest rate in three years, and the company just laid off 1,000 employees in a restructuring …
Battered Netflix shares tumbled in after-hours trading Tuesday as the company issued a worrisome decrease in guidance for fourth-quarter revenue and full-year advertising sales. The swoon, which was partially reversed as the full results were digested, came despite a solid set of financials for the …
Netflix, which announced layoff plans last week, posted a third-quarter profit above Wall Street’s expectations. But investors sent shares down after the streaming company lowered its ad revenue guidance. Netflix said Tuesday it earned $3.
Shares of Netflix hit a two-year low after the streamer’s Q3 2026 earnings report revealed an ongoing softening in top-line growth and a miss on advertising revenue for the full year. The stock was down -7% in premarket trading Wednesday, to under $64/share, a decline of nearly 30% year-to-date to t…
Shares in Netflix Inc. (Nasdaq: NFLX) have fallen to a more than a two-year low after the streaming giant posted its Q3 2026 results yesterday. Despite hitting Wall Street’s projected revenue target of nearly $12.
