Categories AlphaGraphs, Earnings, Technology
NFLX Earnings: Netflix Q4 2023 profit rises on higher revenues
Streaming giant Netflix, Inc. (NASDAQ: NFLX) Tuesday reported an increase in fourth-quarter revenue and earnings. The top line also exceeded analysts’ estimates.
Net income came in at $938 million or $2.11 per share in Q4, compared to $55 million or $0.12 per share in the corresponding period of 2022. Earnings missed the market’s projection.
The bottom line benefitted from a 12.5% increase in fourth-quarter revenues to $8.83 billion. Analysts had forecast a slower growth. The company had a total of 260.28 million paid members at the end of the quarter, up 13% year-over-year.
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Key metrics from Shopify’s (SHOP) Q1 2024 earnings results
Shopify Inc. (NYSE: SHOP) reported first quarter 2024 earnings results today. Revenue increased 23% to $1.9 billion compared to the prior-year period. Gross Merchandise Volume (GMV) increased 23% year-over-year to
EA Earnings: Electronic Arts reports lower revenues for Q4 2024
Video game publisher Electronic Arts (NASDAQ: EA) Tuesday reported a decline in revenues for the fourth quarter of 2024. Meanwhile, the top line came in slightly above analysts' estimates. Fourth-quarter
What to look for when Home Depot (HD) reports Q1 2024 earnings
Shares of The Home Depot (NYSE: HD) stayed red on Tuesday. The stock has gained 17% over the past 12 months. The home improvement retailer is scheduled to report its