Surging demand for at-home entertainment during the pandemic meant the company added 10 million subscribers in the period, boosting its total number of paying members to 193 million and driving revenue up 25% to $6.15 billion.JPMORGAN: US stocks are staring down a double whammy of spiking COVID-19 cases and an uncertain election — but traders shouldn't stay away entirely. Here are 3 strategies for those looking to stay invested.
Netflix also slashed its marketing costs by 28% and spent less on content production as television and movie sets were shut down. The upshot was a 92% increase in operating income and a 163% rise in earnings per share to $1.63.. The group's shares — up about 60% this year before the earnings release — also dropped because Netflix only expects to add 2.5 million subscribers this quarter, or less than half the number that Wall Street expected.
Maybe they should not put so much politicall correctness and inclusivety to their shows. I don't watch gay porn, broke beak mountain because I think it is disgusting. As much, as watching geriatrics having sex. I don't hate gay people or geriatrics though. Just not my two cups...
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