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Netflix Sales Growth to Decline for Fourth Quarter in a Row

Netflix 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 delivered sales of $12.9 billion in the third quarter, in line with Wall Street’s expectations, and forecast sales of $13.4 billion in the year’s final three months, falling short of what analysts have predicted. The pace of growth h…

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BloombergLean L·2h ago
Netflix Sales Growth to Decline for Fourth Quarter in a Row
Netflix 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 delivered sales of $12.9 billion in the third quarter, in line with Wall Street’s expectations, and forecast sales of $13.4 billion in the year’s final three months, falling short of what analysts have predicted. The pace of growth h…
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Netflix Sales Growth to Decline for Fourth Quarter in a Row

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