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Netflix’s Q3 2018 Subscriber Additions Beat Estimates

Scarlett Ness
Netflix’s Q3 2018 Subscriber Additions Beat Estimates

Netflix (NFLX) posted better-than-expected subscriber numbers in the third quarter, which it reported on October 16. Netflix’s streaming subscriber additions totaled 6.96 million in the third quarter, better than the company’s expectations of an ~5.0 million increase. It also beat analysts’ expectations of 5.2 million subscriber additions.