The streaming leader blew past expectations for subscriber growth, posting record additions of 18.9 million, well above the analyst consensus of 9.8 million. Subscriber growth was also broad-based with the company adding at least 4 million subscribers in all four of its regions,
Streaming giant Netflix (NASDAQ:NLFX) trounced Wall Street expectations with a fourth quarter earnings report that excelled across the board. Sales, profits, and subscriber numbers all surged year-over-year and sequentially as new programming and sports offering drew in record views.
Netflix is the world's largest streaming platform for movies and TV shows, and it continues to extend its lead over the competition. Netflix is experiencing tremendous growth from its advertising tier,
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Analyst bullish on Netflix stock's strong pricing power, original content, and potential for triple-digit outperformance in FY25.
We enter 2025 with strong momentum,” Netflix said in its note to investors, saying it added a record 41 million subscribers in 2024 and re-accelerated growth.
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Netflix is earning praise from Wall Street after a blockbuster earnings report. The streamer posted its best-ever quarter of subscriber growth in Q4. New projects like advertising and live events ...
Netflix shot up 14.6% after it reported adding nearly 19 million subscribers during the holiday-season quarter and it topped sales and profit targets. The video streaming service’s expansion into live programming appears to be paying off as it wrapped up its best year ever with more than $40 billion in revenue.
Not surprisingly, Wall Street was impressed with the report, and one firm just lifted its rating on the stock. Image source: Getty Images. Wolfe Research hiked its rating on Netflix from peer ...