Home » Markets » Netflix beats on earnings, subscribers with boost from 'Squid Game' mania
Netflix beats on earnings, subscribers with boost from 'Squid Game' mania
How ‘Squid Games’ helped drive Netflix stock to new highs
Marc Lopresti, The Strategic Funds Co-Managing Director, on how the popular show ‘Squid Games’ helped the streaming service’s stocks and what the biggest market threat going into the end of this year is.
Netflix was able to rake in more earnings and new subscribers than Wall Street expected in the third quarter, thanks in part to the streaming giant's internationally popular show "Squid Game."
The company reported Q3 earnings of $3.19 a share, beating FactSet analysts' expectation of $2.57 a share after falling short on expectations in the prior quarter.