Netflix Bounces Back in Q3 With 2.4 Million Subscriber Gain

After two straight quarters of subscriber losses, Netflix returned to growth in the third quarter of 2022 — and told investors it’s expecting a strong Q4 to finish the year, even though it doesn’t expect big gains right away from the launch of its cheaper, ad-supported plans. The streaming giant reported 2.41 million net new paid subscribers in Q3, including a gain of 100,000 in the U.S./Canada region, to stand at 223.1 million worldwide as of the end of September.

Source: Netflix Bounces Back in Q3 With 2.4 Million Subscriber Gain, Issues Upbeat Q4 Forecast but Doesn’t Expect ‘Material’ Lift From Ad-Plan Launch

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