23 Oct 2025 | 3 Mins Read
Netflix shares plummet 10% in worst dive since 2022
Flipitmoney
Netflix shares fell up to 10% on October 22 after quarterly results missed street expectations. Revenue was $11.51 billion, matching estimates. Operating income was $3.24 billion, $400 million below forecasts due to a $619 million tax dispute settlement. The company expects $12 billion in Q4 net sales, beating estimates, and $5.45 EPS.