English
Back
Download
Log in to access Online Inquiry
Back to the Top
Netflix (NFLX) releases Q4 earnings: Subscriber growth boosts stock to 2-year high
Netflix reported Q4 net income of $937.8 million, or EPS of $2.11 (+1658.33% YoY) and revenue of $8.83 billion (+12.49% YoY). Notably, the c Show More
Netflix reported Q4 net income of $937.8 million, or EPS of $2.11 (+1658.33% YoY) and revenue of $8.83 billion (+12.49% YoY). Notably, the company confirmed adding 13.1 million subscribers during the Q4, stronger growth than Wall Street expected. Netflix shares were up more than 8% in after-hours trading after the earning call.

Netflix extended its lead as the world’s biggest premium video-streaming platform as the streamer built its ad-supported service and cracked down on password sharing. Netflix will navigate its transformation from targeting subscriber growth to focusing on profit in the future.

💬Discuss
1) What's your opinion on NFLX's Q4 earnings?
2) Can Netflix maintain its streaming dominance next year?
Views
13K
Posts
25
Join topic
Latest
Hot
Related Stocks
  • DIS
    Disney
    97.845
    -0.87%
  • ROKU
    Roku Inc
    70.990
    +0.78%
  • NFLX
    Netflix
    924.520
    -0.86%
  • FUBO
    FuboTV
    2.949
    +0.99%
  • CMCSA
    Comcast
    36.905
    +0.01%