Netflix Reports Third-Quarter EPS of $0.87 as Revenue Rises 12%
Netflix reported third-quarter diluted EPS of $0.87 on revenue of $12.87 billion. Revenue rose 12% year over year, and operating margin widened to 34.6% from 28.2%.
Netflix NASDAQ:NFLX posted third-quarter diluted EPS of $0.87, topping the analysts' consensus of $0.82. Revenue was $12.87 billion, matching the $12.87billion estimate. Revenue increased 12% year over year, while operating margin expanded to 34.6% from 28.2%. Netflix attributed the margin expansion mainly to…