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After an initial post-market rise following its earnings report, Netflix (NFLX) turned 2% lower on Tuesday as investors began digesting some of the streamer's numbers. While the company added a net 4.38M global subscribers - better than its own guidance for 1.54M, as well as analyst expectations for 3.5M - forecasts for the coming quarter (8.5M subs) stayed in line with last year's holiday period despite a slew of new shows and programming.Quote: We're in uncharted territory,\" co-CEO Reed Hastings said on a post-earnings call. \"We have so much content coming in Q4 like we've never had, so we'll have to feel our way through and it rolls into a great next year also.\"Netflix is also tweaking its controversial approach to measuring shows' success, which had looked at the number of accounts that had viewed a title for at least two minutes in its first 28 days on the service. It will now focus on total hours viewed per title. That will make a slight difference in its rankings, but \"we think engagement as measured by hours viewed is a slightly better indicator of the overall success of our titles and member satisfaction,\" adding it also gives proper credit to rewatching a show, traditionally a big draw for the service.Squid Game: \"A mind-boggling 142M member households globally have chosen to watch the title in its first four weeks.\" Squid Game, the latest megahit from Netflix, could also be worth nearly $900M for the streaming giant, according to an internal document from the company. By comparison, under Netflix's now-former measurement system, Bridgerton's Season 1 was the most-viewed program (82M accounts) and Extraction the top movie (99M accounts). (20 comments) 153554b96e