Investing.com - Netflix (NASDAQ:NFLX) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Netflix announced earnings per share of $3.10 on revenue of $7.93. Analysts polled by Investing.com anticipated EPS of $2.18 on revenue of $7.85B.
Netflix shares are down 60% from the beginning of the year and are trading at $265.05 , down-from-52-week-high.
Netflix shares gained 10.04% in after-hours trade the report.
Netflix follows other major Communication Services sector earnings this month
Netflix's report follows an earnings missed by Manchester United on Thursday, September 22, 2022, who reported EPS of $-0.1238 on revenue of $118.5M, compared to forecasts EPS of $-0.11 on revenue of $132.8M.
Ihuman had beat expectations on Thursday, September 22, 2022 with third quarter EPS of $0.4 on revenue of $230.61M, compared to forecast for EPS of $0.1298 on revenue of $471.27M.
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