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.
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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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