Netflix Q3 2023 earnings: subscriber beat, new ad formats, yet another price hike

Netflix announced its Q3 2023 earnings results yesterday: Netflix's stock is up 15% as I write this. The quarter was noteworthy for the strong beat on subscriber additions: Netflix's net subscriber additions in Q3 2023 were the highest since Q2 2020, when the company added 10MM net new subscribers. While neither operating margin nor operating income increased […]

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