Investing.com - Netflix (NASDAQ:NFLX) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Netflix announced earnings per share of $3.10 on revenue of $7.93. Analysts polled by Investing.com anticipated EPS of $2.18 on revenue of $7.85B.
Netflix shares are down 60% from the beginning of the year and are trading at $265.05 , down-from-52-week-high.
Netflix shares gained 10.04% in after-hours trade the report.
Netflix follows other major Communication Services sector earnings this month
Netflix's report follows an earnings missed by Manchester United on September 22, who reported EPS of $-0.1238 on revenue of $118.5M, compared to forecasts EPS of $-0.11 on revenue of $132.8M.
Ihuman had beat expectations on September 22 with third quarter EPS of $0.4 on revenue of $230.61M, compared to forecast for EPS of $0.1298 on revenue of $471.27M.
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