Categories AlphaGraphs, Analysis, Technology

Netflix (NFLX) Q3 earnings beat Street View; subscribers grow 14%

Netflix, Inc. (NASDAQ: NFLX) on Thursday reported higher revenues and profit for the third quarter, as the streaming giant’s subscriber base continued to expand. Both earnings and the top line exceeded estimates.

Netflix Q3 2024 earnings infographic

The company added 5.07 million new members and ended the third quarter with a total of 282.72 million paid subscribers. At $9.83 billion, Q3 revenue was up 15% from the year-ago quarter and above analysts’ forecast.

Net income increased to $2.36 billion or $5.40 per share in the September quarter from $1.68 billion or $3.73 per share in the corresponding period of 2023. Earnings also topped the market’s expectations.

Prior Performance

  • Netflix Q2 2024 earnings infographic
  • Netflix Q1 2024 earnings infographic

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

MU Earnings: Micron Q2 profit jumps on higher revenues, tops expectations

Semiconductor company Micron Technology Inc. (NASDAQ: MU) Thursday reported a sharp increase in revenues and earnings for the second quarter of 2025. Earnings also surpassed Wall Street's forecasts. The Idaho-headquartered

Darden Restaurants sees growth in FY25 and beyond amid menu, tech Innovations

Darden Restaurants, Inc. (NYSE: DRI) has successfully navigated the challenging market environment by constantly innovating its menu offerings and fostering customer loyalty. In the third quarter, sales and profit margin

What to look for when McCormick & Company (MKC) reports Q1 2025 earnings

Shares of McCormick & Company, Incorporated (NYSE: MKC) were down 1% on Thursday. The stock has gained 5% year-to-date. The spice giant is slated to report its first quarter 2025 earnings results

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top