Netflix (NFLX) Q4 2024 earnings results beat EPS, revenue, and paid sub expectations

As a devoted admirer, I’m excited to share that Netflix, the powerhouse behind my beloved streaming platform, recently unveiled their financial results for the final quarter of their fiscal year. In a fantastic turn of events, Netflix managed to outperform expectations across three key areas: Earnings Per Share (EPS), total revenue, and the number of paid subscribers they added. Truly, it’s a remarkable way to round off the year!

Today, Netflix unveiled its Q4 2024 financial report as the trading day concluded. The media giant reported a revenue of approximately $10.247 billion, surpassing the projected figure of $10.11 billion. Earnings per share came in at $4.27, meeting expectations set at $4.20. Remarkably, Netflix boasted 301.63 million paid subscribers during Q4, significantly exceeding the anticipated number of 290.9 million.

As a devoted Netflix enthusiast, I’m thrilled to share that post market hours saw a substantial surge in NFLX shares! The day ended with the stock price at $858.93, but it skyrocketed to an impressive $980.05 per share in after-hours trading. This historic spike sets a new peak for Netflix’s stock value!

Following their recent release of new pricing data, Netflix has confirmed another increase in monthly fees for subscribers based in the U.S. Keep tuned to Shacknews for updates on financial matters within the entertainment sector.

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2025-01-22 00:57