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Netflix posts higher Q3 profit but revenue growth worries pull shares lower

📍 Tokyo, Japan, JP·🕐 5d ago·2 outlets

Netflix, which announced layoff plans last week, posted a third-quarter profit above Wall Street's expectations, but investors sent shares down after the streaming company lowered its ad sales…

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✓ Verified · 2 outlets

Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.

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[Claude] Report 2 covers the same Netflix Q3 earnings release and share reaction as Report 1, with added detail (layoff plans, lowered ad sales outlook) that does not conflict with Report 1's figures.

5d ago
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89%

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