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Netflix (NFLX) releases Q3 earnings: Subscriber growth, price hike
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Netflix confirmed that it reached Q3 expectations with EPS $3.73 (+20.32% YoY) and revenue of $8.54 billion (+7.77% YoY). Plus, the company もっと見る
Netflix confirmed that it reached Q3 expectations with EPS $3.73 (+20.32% YoY) and revenue of $8.54 billion (+7.77% YoY). Plus, the company reported that subscribers increased by a whopping 8.76 million in Q3, blowing past analysts' average estimate of about 6 million.
Netflix is adding new subscribers at a torrid pace as its password-sharing crackdown continues, and it makes moves that could push subscribers toward its nascent advertising tier. However, Netflix said it plans to immediately raise prices for its Basic plan in the U.S. to $11.99 a month from $9.99 and lift its Premium price to $22.99 a month from $19.99. The price increases are a sign of streamers' efforts to improve profitability.

Discuss:
1) What's your opinion on NFLX's Q3 earnings?
2) How do tou feel about Netflix's price plan?
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