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Netflix Stock Is on Track for Its Worst Year Since 2022. Is It Finally a Buy?

Source: fool.com

Corporate EarningsCorporate Guidance & OutlookMedia & Entertainment
Netflix Stock Is on Track for Its Worst Year Since 2022. Is It Finally a Buy?

Netflix's third-quarter revenue rose 12% year over year to $12.9 billion. The company now expects about $2.7 billion in advertising revenue in 2026, down from its prior expectation of about $3 billion, a reduction of roughly $300 million.

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