Netflix (NASDAQ: NFLX) recently gave investors a fresh look at its financial performance. During the third quarter, the company posted year-over-year revenue growth of 11.8%. The $12.9 billion total revenue matched Wall Street estimates. Diluted earnings per share jumped 47% to $0.87, beating analyst forecasts. Investors always pay close attention to those two headline numbers. But sometimes, it's smart to focus on certain actions that management took and what that could signal. This exercise can provide valuable insights that can impact your assessment of the streaming stock. On a related note, the business spent $4.8 billion on share repurchases in Q3. Here's what that data point tells you.
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