Netflix: Q3 net income leaps 83%
(CercleFinance.com) - Netflix has reported Q3 2021 revenue of 7.
48 billion dollars, representing a steady sequential increase over the past four quarters and a 16.3% increase relative to Q3 2020.
Quarterly EBIT was 1.75 billion dollars, up 33% from 1.31 billion dollars a year ago, with net profit increasing 83% from 790 million dollars in Q3 2020 to 1,449 million dollars in Q3 2021. Meanwhile, quarterly EPS reached 3.19 dollars.
Netflix expects Q4 revenues of 7.71 billion dollars and net income of 365 million dollars.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
48 billion dollars, representing a steady sequential increase over the past four quarters and a 16.3% increase relative to Q3 2020.
Quarterly EBIT was 1.75 billion dollars, up 33% from 1.31 billion dollars a year ago, with net profit increasing 83% from 790 million dollars in Q3 2020 to 1,449 million dollars in Q3 2021. Meanwhile, quarterly EPS reached 3.19 dollars.
Netflix expects Q4 revenues of 7.71 billion dollars and net income of 365 million dollars.
Copyright (c) 2021 CercleFinance.com. All rights reserved.