Netflix Q3 Profit Rises 44% to $3.66 Billion
Netflix reported third-quarter net income of $3.66 billion, or $0.87 per share, up from $2.55 billion, or $0.59 per share a year earlier.
Netflix, Inc. (NFLX) reported Tuesday that third-quarter profit increased 44 percent, citing strong revenue growth and improved operating profitability. Net income reached $3.66 billion, or $0.87 per share, compared with $2.55 billion, or $0.59 per share.