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Netflix Q3 Revenue Meets Wall Street Estimates, Q4 Earnings Will Be Crimped by Costs Associated With Mass Layoffs

By Todd Spangler Oct 20, 2026 | 3:13 PM

Netflix’s third-quarter 2026 earnings met revenue expectations and it slightly beat on the bottom line. But the streamer faces an urgent need to refresh its queue: Revenue growth in the period slowed to its lowest rate in three years, and the company just laid off 1,000 employees in a restructuring effort to reposition itself. Netflix […]