Core Viewpoint - Netflix's third-quarter performance was disappointing, leading to a significant stock drop of over 9% to $112.36, primarily due to unexpected expenses from a tax dispute in Brazil and a downward revision of annual profit margin guidance [1] Financial Performance - In Q3, Netflix achieved revenue growth of over 17% year-on-year, slightly accelerating from nearly 16% in Q2, which was in line with expectations [1] - Net profit for Q3 was $2.547 billion, a year-on-year increase of 7.7%, falling short of the analyst expectation of approximately $3 billion, and significantly down from a nearly 45.6% growth in Q2 [1] - Operating profit margin dropped below 30% to approximately 28%, marking a low point for the year [1] - The growth rate of net profit slowed from nearly 46% in Q2 to less than 8% in Q3, with earnings per share (EPS) growth decelerating from over 47% in Q2 to under 9%, both figures missing analyst expectations by about 15% and falling at least 14% short of Netflix's own guidance [1]
美股异动 | 奈飞(NFLX.US)跌逾9% Q3业绩远逊预期并下调全年指引