NASDAQ:NFLX - Nasdaq - US64110L1061 - Common Stock
Netflix beat expectations for new subscriber additions in the fourth quarter.
Netflix late Tuesday beat estimates for the fourth quarter thanks to a surge of new subscribers. Netflix stock jumped in extended trading.
Another price hike.
Netflix stock is soaring after earnings. Here's what to know.
Netflix stock is soaring after earnings. Here's what to know.
The company said those results were buoyed by programming in recent months that exceeded internal expectations.
Netflix added 18.9 million subscribers in its holiday quarter, blowing past Wall Street's forecasts, with live sporting events and the return of its popular South Korean series "Squid Game" attracting a record number of new customers, the company reported on Tuesday. In the U.S., the basic service with ads would increase by $1 a month to $7.99, a 14% price increase, while the premium package will cost $24.99, an increase of 9%. Shares of Netflix surged about 10% in extended trade, lifting its stock market value by almost $40 billion.
Netflix Inc. closed 2024 with its biggest quarterly subscriber gain in history, benefitting from its first major live sporting events and the return of Squid Game.
US benchmark equity indexes were higher intraday as markets digested President Donald Trump's initia
Wall Street saw a strong preference for small and mid-cap equities, with the Russell 2000 index leading the market as investors bet on more domestic-friendly policies following Donald Trump's inauguration on Jan. 20 as the 47th U.S. president.
Wall Street is eager to find out if Netflix's buzzworthy special events led to a big boost in revenue from subscriptions and advertising.
Netflix is scheduled to report its Q4 earnings today after the bell. Here's what investors should look for on the streamer's earnings call.
The company's guidance issued in mid-October calls for fourth-quarter revenue growth of 15% and an increase in paid net additions from 5.07 million in the third quarter.
(Bloomberg) -- Netflix Inc. may have a hard time topping its mammoth 2024, but Wall Street is optimistic about offerings that include major names in entertainment and sports.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpWhat LA’s Fires Mean for the City’s Housing ShortageDeadly Landslide of Garbage Displays Uganda's Missed OpportunityMayors Chart an Agenda for Tackling the Housing Crisi
This is expected to be the last time Netflix will report subscriber data to shareholders.
Netflix gained market share in December over broadcast and cable television. How "Squid Game" and NFL games helped tie a company record.
News of the day for Jan. 21, 2025
Netflix Inc. may have a hard time topping its mammoth 2024, but Wall Street is optimistic about offerings that include major names in entertainment and sports.
Netflix will report earnings on Jan. 21 after the bell. Here's what to expect.
These S&P500 stocks are gapping in today's session
NASDAQ:NFLX is showing decent growth, but is still valued reasonably.