Netflix shares drop nearly 8% after weak third-quarter forecast
What's new: Netflix expects $12.86 billion in Q3 revenue, below Wall Street estimates, and will make its viewing-hours report annual in 2027.
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#Ted Sarandos
Netflix drops about 10% after weak Q3 outlook despite profit gain
What's new: Netflix projected third-quarter revenue of $12.86 billion and EPS of 82 cents, both below Wall Street estimates.