Small Screen: Netflix Q3 2023 Earnings Recap
Associated with
Seema Shah Seema Shah
2 min read
Small Screen: Netflix Q3 2023 Earnings Recap

Netflix shares rose ~15% after surpassing expectations for its 3Q23 EPS and meeting revenue estimates. The company's success in its paid sharing rollout was supported by Sensor Tower download data, which showed growth in Netflix mobile app downloads aligning with growth in reported subscriber additions. Sensor Tower data also confirmed Netflix's strong user engagement and stickiness, as well as positive progress in its advertising business.

More Ways to Read:
🧃 Summarize The key takeaways that can be read in under a minute
Sign up to unlock