Markets
5.8
Netflix revenue up 12% but viewership stagnation in US/Canada flags growth risk
Published 10 h ago2 sourcesEvidence: Reported
SeverityModerateNew York TimesLow-rated sourceUS · CA
Netflix reported Q3 revenue growth of 12%, in line with expectations, but shares dropped up to 7% after the company signaled a slowdown in the current quarter, partly due to weaker advertising revenue. The market is reacting to the forward guidance rather than the headline beat, indicating concerns about growth momentum.
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