Netflix is ignoring its critics and celebrating.

In Tuesday's earnings report, Netflix criticised rivals and defended its strategies.

It avoided a third straight quarter of subscriber losses and is optimistic.Executives could celebrate.

The streaming company gained 2 million subscribers, avoiding a third straight loss. It expects to add 4.5 million subscribers in Q4.

In its investor letter, Netflix criticised competitors' spending and content and defended binge-watching, which it popularised by releasing full TV seasons at once.

Earnings interviews were happy for executives. Reed Hastings: "Thank God for shrinking quarters!"

Critics say it's too soon to celebrate. Netflix has seen slow growth and layoffs for six months.

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10/20/22 Daily Horoscope

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