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Netflix leads Nasdaq 100 higher with a 7% jump after strong Q3 earnings, while Procter & Gamble drags Dow futures down with weaker-than-expected revenue.
One analyst saw subscriber performance as the biggest highlight of Netflix's report. But he reminded investors that this metric is going away early next year.
Netflix added over 5 million subscribers in the third quarter, beating analyst expectations. At 19%, Asia Pacific had the largest revenue growth rate of all regions this quarter.
George Seay, Chairman of Annandale Capital, discusses Netflix's impressive performance, highlighting the company's significant subscriber growth and strong execution in recent quarters.
Barton Crockett, Rosenblatt Securities senior analyst, joins 'Squawk Box' to break down Netflix's quarterly earnings results, growth outlook, and more.
Wall Street is priming for a positive start on Friday after the major averages ended narrowly mixed in the previous session. Positive reaction to Netflix, Inc.'s NFLX earnings could provide a lift to the tech space, given earnings news flow from the sector will likely start in earnest next week.
24/7 Wall St. Insights Netflix Inc.'s (NASDAQ: NFLX) blowout quarterly results suggest it is dominating its rivals.
Netflix's earnings topped Wall Street's expectations—but analysts are warning that the growth story looks murky.
The streaming giant's ad business is taking time to catch on, which will make price hikes unavoidable if subscriber growth slows.
Netflix shares jump 5% in premarket after third-quarter earnings beat