Netflix Reports Q3 Revenue of $12.87B and Operating Margin of 34.6%
· 5h ago · Originally reported by TradingView
Netflix announced its third quarter financial results, with revenue reaching $12.87 billion and an operating margin of 34.6%. The company also reported diluted earnings per share of $0.87.
Why it matters
Netflix's financial performance is closely watched in the ad tech industry, especially as the company expands its ad-supported streaming tier, which impacts digital video advertising trends.
Explain it like I’m new here
Netflix made a lot of money this quarter, which is important because more of their shows now have ads, changing how TV ads work.
Read the original at TradingView
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