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Netflix Sales Growth to Decline for Fourth Quarter in a Row

Netflix reported earnings for the third quarter that exceeded Wall Street expectations, but forecast a fourth consecutive quarter of slowing sales growth, a projection that may amplify concerns about…

  • Netflix sales growth to decline for fourth straight quarter
  • $12.9 billion sales in Q3, $13.4 billion forecasted for Q4
  • Advertising business expected to fall short by $300 million

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