Categories AlphaGraphs, Earnings, Technology
Netflix Q4 revenue rises on subscriber growth; results beat estimates
Netflix, Inc. (NASDAQ: NFLX) reported an increase in revenue and profit for the fourth quarter of 2024, as the streaming giant’s subscriber base continued to expand. Both earnings and the top line exceeded estimates.
The company added 18.91 million new members and ended the fourth quarter with a total of 301.63 million paid subscribers. At $10.25 billion, Q4 revenue was up 16% from the year-ago quarter and above analysts’ forecast.
Net income increased to $1.87 billion or $4.27 per share in the December quarter from $938 million or $2.11 per share in the corresponding period of 2023. Earnings 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
StubHub Holdings set to enter public markets. Here’s what to expect
After a modest start to the year, the IPO market is witnessing an increase in activity led by technology and healthcare companies. StubHub Holdings, a leading online ticket marketplace for
Can Beyond Meat (BYND) overcome its persistent challenges?
Shares of Beyond Meat, Inc. (NASDAQ: BYND) stayed red on Tuesday. The stock has dropped 19% over the past three months. The plant-based meat company continues to struggle in terms
CarMax (KMX) likely to report strong earnings growth for Q4 2025
After reporting robust earnings growth for the third quarter, CarMax, Inc. (NYSE: KMX) is preparing to publish Q4 results next week. Over the years, the company has fostered customer loyalty
