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Netflix Returns to Growth, Saying the Worst of Slowdown Is Over

  • Streamer added 2.41 million customers in the third quarter
  • The strong dollar is weighing on Netflix’s revenue and profit
Bloomberg business news
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Netflix Inc. is growing again, and Hollywood can breathe a sigh of relief.

The streaming leader added 2.41 million customers in the third quarter, exceeding internal forecasts as well as expectations on Wall Street. Netflix grew in all regions of the world and said in a shareholder letter on Tuesday that it expects to sign up another 4.5 million globally this period.