Netflix Rides ‘Squid Game’ to Q3 Subscriber Beat, Adding 4.4 Million Worldwide

Netflix Rides ‘Squid Game’ to Q3 Subscriber Beat, Adding 4.4 Million Worldwide
Netflix topped forecasts for subscriber growth in the third quarter of 2021, buoyed in part by strong interest in global smash-hit series “Squid Game.”

The streamer overall gained 4.38 million paid subscribers in the period, to reach 213.6 million worldwide. Netflix previously projected global net adds of 3.5 million paid subscribers for Q3, a target most analysts expected the company to beat. Half of the quarter’s subscription gains came from Asia-Pacific markets; Netflix added just 70,000 in the U.S. and Canada.

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Netflix reported revenue of $7.48 billion (up 16%) and earnings per diluted
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