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Netflix reports strong Q3, will launch non-US streaming service next year
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#1
10-23-2009
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Netflix reports strong Q3, will launch non-US streaming service next year
Netflix posted its third quarter results yesterday, showing revenue of $423.1 million, a 4% increase from the second quarter and 24% from last year. Net income was $30.1 million or $.52 per share, up from $20.4 million or $.33 a share in the year-ago quarter. Sales grew 24% to $423.1 million from $341.3 million in 2008.
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