Netflix beats investor forecasts in every major metric

Netflix added five million customers in the third quarter and eclipsed expectations on every major financial metric.

than five million customers in the third quarter, and eclipsed Wall Street’s expectations on every major financial metric despite a new programming slate constrained by last year’s strikes in Hollywood.

We have much more work to do improving our offering for advertisers, which will be a priority over the next few years Yet Netflix continues to deliver stronger growth than expected, and its leadership has sought to reassure investors by saying the company will benefit from the crackdown on password sharing in the years ahead. The company on Thursday predicted sales next year will increase between 11% and 13% — to as much as $44-billion — through a mix of new members and price increases.

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