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Netflix beats analyst expectations for Q3 revenue and subscriber growth

In July, Netflix saw its stock fall by 10 percent after announcing it failed to hit its revenue and subscriber targets in the second quarter. However, the streaming giant had much better news for its investors in Q3. The firm beat analyst expectations in both profit and membership growth. Consequently, its stock rose by 10 percent following its latest financial disclosure. Moreover, the service offered Q4 guidance that suggests it’s...