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Netflix beats earnings estimates but lowers advertising revenue outlook

🚨NETFLIX Q3 2026 – QUARTERLY RESULTS 📊

🔷 KEY RESULTS

🔹 Revenue: USD 12.9 billion (+12% YoY) 🟠 In line with estimates

🔹 Operating margin: 35% (+6 p.p. YoY) ✅

🔹 EPS: USD 0.87 (Est. USD 0.82) ✅

🔹 Operating income: USD 4.5 billion ✅

🔹 Net income: USD 3.7 billion (+28% YoY) ✅

🔷 FULL-YEAR 2026 OUTLOOK

🔹 Advertising revenue: USD 2.7 billion (previously USD 3.0 billion) ❌

🔹 Revenue growth: +13% YoY (previously +13 to 14%) 🟠

🔹 Operating margin: 31.5% (unchanged) 🟠

📌 SUMMARY

Netflix reported strong operating profitability and beat expectations for earnings per share. However, the outlook for advertising revenue was cut by USD 300 million, and expected overall revenue growth is slightly weaker.

$NFLX Is anyone planning to buy? 🚨

A community member's personal view, not investment advice. Community Guidelines

KJ

Do you have the company in your portfolio? I don't at the moment, but if it drops further, I might pick up a little :)

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