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Netflix Price Hikes: Top Execs Offer U.S. Outlook During Q3 Earnings Call
Deadline· 2024-10-18 05:43
After delivering a solid third-quarter earnings report, Netflix execs fielded the question top of mind for most investors (though definitely not for inflation-wracked subscribers): When will they raise prices in the U.S.? “Our approach to pricing has been remarkably consistent over many, many years,” Co-CEO Greg Peters said. “Our core theory is, we’ve got to work really, really hard to make sure we are delivering more value to members every quarter. Then, we assess based on how that’s going, through metric ...
Netflix Stock Rises 4% on Q3 Beat, TSMC Posts 54% Profit Surge as AI Drives Growth
FX Empire· 2024-10-18 05:14
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
Netflix shares soar after it reveals how many new subscribers signed up
New York Post· 2024-10-18 05:06
Streaming video pioneer Netflix picked up 5.1 million subscribers in the third quarter, topping Wall Street estimates by more than 1 million users, the company said in its earnings report on Thursday.Shares of Netflix were up more than 4% at $718.10 in after-hours trading. The stock closed the regular session down 2% at $687.65.Investors had expected Netflix to bring in 4 million subscribers from July through September, according to analysts’ estimates compiled by LSEG. New programming during the period inc ...
Netflix Stock Surges on Strong Earnings, Outlook
Investopedia· 2024-10-18 05:00
Netflix (NFLX) reported third-quarter results that topped analysts' estimates on the top and bottom lines, sending shares higher after the bell Thursday. The streaming giant posted third-quarter revenue of $9.83 billion, up 15% from a year ago and above the analyst consensus from Visible Alpha. Net income came in at $2.36 billion or $5.40 per share, compared to $1.68 billion or $3.73 per share a year earlier, also beating projections. Total active subscribers climbed 14% to 282.72 million, just above Stree ...
Netflix to double profits after adding millions of subscribers in three months
The Guardian· 2024-10-18 04:45
文章核心观点 - 公司在本季度新增了510万付费用户,达到2.827亿用户,创历史新高 [1] - 公司收入增长15%至98.3亿美元,净利润增长41%至23.6亿美元 [1] - 公司预计本季度净利润将增长至18.5亿美元,去年同期为9.38亿美元 [1] - 公司正在采取措施提高业务增长,包括打击密码共享、引入广告服务以及投资直播电视等 [1][2] - 公司认为已经实现了重振业务的计划,并将继续努力提升各方面服务质量,保持收入和利润的健康增长 [2] 行业分析 - 公司是流媒体行业的先驱,但其他好莱坞巨头如迪士尼、华纳兄弟等也在纷纷推出自己的流媒体服务,与公司展开竞争 [2] - 疫情期间订阅用户激增,但随着限制措施的放松,用户增长出现放缓,公司股价也曾下跌,但现已重新回升 [2] - 公司正在加大对直播内容的投资,如与WWE和NFL达成合作,并计划推出喜剧脱口秀等新节目 [3] - 分析师认为公司在流媒体行业已建立了难以撼动的领先地位,在内容制作、成本控制和盈利能力方面都找到了正确的发展模式 [3]
Netflix beats Q3 estimates with strong subscriber growth, boosts outlook
Proactiveinvestors NA· 2024-10-18 04:42
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Netflix Q3 Earnings: Revenue Beats, EPS Tops, Q4 Guidance Projects Subscriber Boost From 'Squid Game,' NFL, And Boxing
Benzinga· 2024-10-18 04:31
Streaming giant Netflix Inc NFLX reported third-quarter financial results after market close Thursday.Here are the key highlights.What Happened: Netflix reported third-quarter revenue of $9.825 billion, up 15% year-over-year. The revenue total beat a Street consensus estimate of $9.769 billion according to data from Benzinga Pro.The company reported earnings per share of $5.40 in the third quarter, beating a Street consensus estimate of $5.12.Netflix ended the third quarter with 282.72 million global paid s ...
Netflix Earnings: Stock Climbs As Streaming Giant Beats Expectations—But Subscriber Growth Slows
Forbes· 2024-10-18 04:28
ToplineNetflix beat Wall Street’s expectations on both earnings and revenue, and added 35 million paid subscribers year-over-year, sending shares of the streaming giant up in after-hours trading.Netflix logo on a mobile phone in Krakow, Poland on October 17th, 2024. (Photo by Beata ... [+] Zawrzel/NurPhoto via Getty Images)NurPhoto via Getty Images Key FactsNetflix reported $5.40 earnings per share and a revenue of $9.82 billion in the third quarter of 2024, ending in September 30, beating analyst consensus ...
Netflix beat expectations yet again
Business Insider· 2024-10-18 04:22
Netflix reported third-quarter earnings on Thursday.New subscriber numbers beat analysts' expectations at 5.07 million.The streaming service is trying to grow new sources of revenue, such as gaming and advertising. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email addre ...
Netflix Adds 5.1M Subscribers, Beating Wall Street Forecasts, But Revenue Comes In A Bit Light
Deadline· 2024-10-18 04:07
Netflix delivered third-quarter results above Wall Street expectations in many categories, including a gain of 5.1 million subscribers from the previous quarter. Total revenue of $9.825 billion clipped analysts’ consensus expectation for $9.77 billion. Earnings per share of $5.40 and the total subscriber tally of 282.72 million beat the Street forecasts of $5.12 and 281.5 million, respectively. The release of quarterly Netflix subscriber numbers is about to come to an end, as Netflix told investors earlier ...