Earnings Results: Netflix earnings, subscribers get a ‘Squid Game’ bounce, but forecast is tamer


Netflix Inc. experienced a bounce in profit and subscriber additions as it found its biggest surprise success yet in the third quarter, but predictions for the holiday season were not as bountiful.

Netflix NFLX on Tuesday reported 4.4 million net new paid subscribers in the third quarter, eclipsing its own forecast (3.5 million) as well as the average analyst forecast of 3.78 million, according to FactSet, and giving the streaming-video service 213.6 million subscribers overall. Executives said they expect 8.5 million new…

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