Netflix stock surges on strong Q3 earnings

Revenue up 8%, EPS up 20%

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Paid subscribers grow 11% to 247.15 million

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Operating margin expands to 22.4%

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Full-year FCF forecast raised to $6.5 billion

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Stock buyback authorization boosted to $10 billion

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Bear case: Growth slowdown, competition

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Bull case: Continued growth, margin expansion

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Is Netflix stock a buy?

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Investors weigh the pros and cons

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