News · Yahoo Finance

Stock Market Today, Oct. 20: Netflix Q3 Revenue Rises 12% on Pricing Power

Netflix closed at $68.66, down 1.70%, ahead of its after-close Q3 report, and was down 5.1% in after-hours trading as of 4:31 p.m. ET. Q3 revenue rose 12% year over year to $12.9 billion, and diluted EPS climbed from $0.59 to $0.87. Netflix outperformed every metric for which it provides quarterly guidance, with larger profit surprises than revenue surprises, but its fourth-quarter guidance looked muted, with slower sales growth and lower profit from seasonal effects and impairment costs tied to recently announced job cuts. That day, the S&P 500 closed at 7,711 (up 0.26%) and the Nasdaq Composite at 26,425 (down 0.02%).

Summary written by Upside AI from the original article. Read the source for full details.

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Close on 10/20/2026717.52
Change that session-0.12%
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SPY

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Close on 10/20/2026769.01
Change that session+0.33%
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Impact is scored by AI from the headline and may be wrong. It is not investment advice.

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