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.
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
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
GS Earnings: All you need to know about Goldman Sachs Q1 2025 earnings results
The Goldman Sachs Group, Inc. (NYSE: GS) reported its first quarter 2025 earnings results today. Net revenues were $15.06 billion, up 6% from the same period a year ago, driven
Everything you need to know about Circle Internet’s upcoming IPO
Recovering from the softness experienced in the early weeks of the year, IPO activity is gaining strength led by the healthcare and technology industries. Circle Internet Group is the latest
FAST Earnings: Fastenal reports higher sales and flat earnings for Q1 2025
Fastenal Company (NASDAQ: FAST) reported a modest increase in sales for the first quarter of 2025 when its net income remained unchanged year-over-year. Net income was $298.7 million or $0.52 per
