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.

Netflix Q4 2023 earnings infographic

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.

Prior Performance

  • Netflix Q4 2022 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

CVX Earnings: Chevron reports lower revenue and profit for Q1 2024

Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or

ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up

Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net

CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results

Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was

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