Netflix Inc. (NFLX)

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Mapping How Much Netflix Costs In Every Country
https://www.zerohedge.com/technology/ma ... ry-country

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not vested

1Q Earnings

Netflix reported first-quarter net income of $2.33 billion, or $5.28 per share, versus $1.30 billion, or $2.88 per share, in the prior-year period.

The company posted revenue of $9.37 billion for the quarter, up from $8.16 billion in the year-ago quarter.

Total memberships rose 16% in the first quarter, reaching 269.6 million, well above the 264.2 million Wall Street had expected.

Netflix also noted that it expects paid net additions to be lower in the second quarter compared to the first quarter “due to typical seasonality.”

Its second-quarter revenue forecast of $9.49 billion was just shy of Wall Street’s estimate of $9.54 billion.

Source: Phillips

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not vested

Netflix beats

Netflix's second-quarter earnings beat estimates as it solidified its dominance in the streaming market.

The company saw a 34% growth in ad-supported memberships and a 16.5% increase in global paid memberships to 278 million in the reported quarter.

This growth, coupled with a crackdown on password sharing, boosted revenue by 17% to $9.6 billion.

Netflix raised its full-year revenue growth forecast to 14%-15% from 13% to 15%.

Net income rose to $2.15 billion, or $4.88 a share.

Source: CNBC

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not vested

Netflix reported second-quarter earnings Thursday that showcased the media giant’s position at the head of the streaming race as it added more global subscribers and saw strong growth in its advertising business.

The streamer said its ad-supported memberships grew 34% during the period compared to the same quarter last year.

Earnings per share was US$4.88 vs US$4.74 per share expected while revenue came in at US$9.56 billion vs US$9.53 billion expected.

Total memberships was 277.65 million global paid memberships vs. 274.4 million expected.

Revenue was roughly US$9.6 billion, up 17% compared to the year-earlier period, driven primarily by the increase in average paid memberships.

Netflix said it now expects full-year reported revenue growth of 14% to 15%, compared with previous guidance of 13% to 15%.

The company reported net income of US$2.15 billion, or US$4.88 per share, up from US$1.49 billion, or US$3.29 per share, during the second quarter of 2023.

Netflix’s global paid memberships rose 16.5% year over year to 278 million.

Source: Phillips

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Netflix Stock Jumps After Beating Across The Board, Adding 5 Million New Subs
https://www.zerohedge.com/markets/netfl ... n-new-subs

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How $NFLX makes money
https://x.com/Mayhem4Markets/status/1848548103772901761

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Netflix stock price rises above $900!
US media says a stock split is not far away?
Optimistic about earning enough advertising revenue, Xiaomo calls for buying

Netflix股價漲破900美元！美媒稱離拆股不遠了？看好賺飽廣告收益小摩喊買｜非凡財經新聞｜20241213

https://m.youtube.com/watch?v=j4DnaAFmW_0

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Netflix Erupts To All Time High On Blowout Earnings, Record New Subs, Price Hike And New $15 Billion Buyback
https://www.zerohedge.com/markets/netfl ... and-new-15