Netflix Earnings Soar, Subscribers Hit 302 Million
(NASDAQ:NFLX), the streaming service giant, released its financial results for the fourth quarter of 2024 on January 21, 2025.
The company reported significant advancements in both revenue and earnings, with revenue totaling $10.25 billion, beating analyst predictions of $10.11 billion. This represents a 16% increase year-over-year compared to $8.83 billion in Q4 2023. Furthermore, diluted EPS stood at $4.27, surpassing estimates of $4.21 and marking an impressive 102.4% year-over-year growth from $2.11.
Overall, Netflix delivered a robust quarterly performance, fueled by its successful content strategies and expansion efforts.
Source Fool.com
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