Netflix Revenue Growth Hits Three-Year Low

What happened: Netflix reported its slowest quarterly revenue growth in three years, with third quarter revenue rising 11.8% to $12.9 billion, in line with its own expectations. Key numbers: Q3 revenue up 11.8% to $12.9 billion. Full year revenue expected to rise 13% to $51.5 billion. Why it matters: The full year revenue outlook came in slightly below the figure the content references, following the weakest quarterly growth rate in three years. Coverage: 5 outlets in 24h

Netflix reported its slowest quarterly revenue growth in three years, with third quarter revenue rising 11.8% to $12.9 billion, in line with its own expectations.

The full year revenue outlook came in slightly below the figure the content references, following the weakest quarterly growth rate in three years.