Netflix Grows Streaming Revenue by 36 Percent in Q3
Average paid membership grew by 25 percent.
Netflix (NASDAQ: NFLX) keeps on growing, with more 137 million total members, including 130 million paid subscribers. Yesterday, Netflix released its third quarter financials, revealing another strong quarter with 36 percent growth in streaming revenue. In the company’s October 16 shareholder letter, Netflix reported total revenue of $4.0 billion, a 34 percent increase year-over-year.
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