Netflix Inc
- Netflix gained 1.4% to $869.68 after the streaming services provider reported record client subscriptions in the fourth quarter.
Revenue increased by 16% to $10.25 billion from the same quarter a year ago.
Diluted earnings per share rose 102.4% to $4.27 from $2.11 a year ago.
The free cash flow declined 12.7% to $1.38 billion due to more investments in content and technology.
The company conducted stock buybacks amounting to $6.2 billion in the quarter.
A possible stock split announcement may help Netflix to push out an increase in its service prices.
Looking ahead for fiscal year 2025, Netflix anticipated revenue between $43.5 billion and $44.5 billion, indicating an increase of 12% to 14%.
Jan 22, 2025 - Netflix increased 10.2% to $759.70 after the streaming services provider reported better-than-expected quarterly results.
Revenue in the third quarter increased 15% to $9.8 billion from $8.5 billion, net income rose 26% to $2.3 billion from $1.7 billion, and diluted earnings per share advanced 45% to $5.40 from $3.73 a year ago.
Global streaming paid net members increased 14.4% to 282.7 million, and the company added 5.07 million new net paid members.
Oct 18, 2024 - Netflix declined 5.7% to $571.95 after the online streaming service provider reported better-than-expected quarterly results and added it will stop publishing paid subscriber counts starting in 2025.
Revenue in the first quarter increased to $9.37 billion from $8.16 billion, net income rose to $2.13 billion from $1.30 billion, and diluted earnings per share advanced to $5.28 from $2.88 a year ago.
Apr 19, 2024 - Netflix soared 10.2% to $542.25 after the streaming service provider reported higher-than-expected quarterly revenue and earnings.
Moreover, the company added 13.1 million net new subscribers, increasing the total to 260.8 million paid subscribers, an all-time high.
Revenue in the fourth quarter increased 12.5% to $8.8 billion from $8.5 billion, net income advanced to $938 million from $55 million, and diluted earnings per share rose to $3.73 from 12 cents a year ago.
The company guided a first-quarter revenue increase of 13.2% to $9.2 billion, net income of $1.97 billion, and diluted earnings per share of $4.49.
Jan 24, 2024 - Netflix Inc soared 15% to $397.60 after the video streaming platform operator reported sharply higher revenue and earnings growth and added that the company is likely to exceed its annual free cash flow estimate.
Revenue in the third quarter increased 7.8% to $8.5 billion from $7.9 billion and net income surged to $1.7 billion from $1.4 billion and diluted earnings per share advanced to $3.73 from $3.10 a year ago.
Global streaming paid members increased by 8.76 million to 247.15 million, an increase of 10.8% from a year ago.
Free cash flow soared to $1.9 billion from $472 million a year earlier.
The streaming platform estimated revenue in the fourth quarter to jump 11% to $8.7 billion and paid net additions to match the increase in the third quarter.
Oct 19, 2023
| Year | Mar | Jun | Sep | Dec | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 2.88 | 3.29 | 3.73 | - | - | |
| 2022 | 3.53 | 3.2 | 3.1 | 0.12 | 9.95 | |
| 2021 | 3.75 | 2.97 | 3.19 | 1.33 | 11.24 | |
| 2020 | 1.57 | 1.59 | 1.74 | 1.18 | 6.08 | |
| 2019 | 0.76 | 0.6 | 1.47 | 1.3 | 4.13 | |
| 2018 | 0.64 | 0.85 | 0.89 | 0.3 | 2.68 | |
| 2017 | 0.40 | 0.15 | 0.29 | 0.41 | 1.25 | |
| 2016 | 0.06 | 0.09 | 0.12 | 0.15 | 0.42 | |
| 2015 | 0.77 | 0.06 | 0.07 | 0.07 | 0.97 | |
| 2014 | 0.12 | 0.16 | 0.14 | 0.20 | 0.62 | |
| 2013 | 0.01 | 0.07 | 0.07 | 0.11 | 0.26 | |
| 2012 | -0.01 | 0.02 | 0.02 | 0.02 | 0.04 | |
| 2011 | 0.16 | 0.18 | 0.17 | 0.09 | 0.59 | |
| 2010 | 0.08 | 0.11 | 0.10 | 0.12 | 0.42 | |
| 2009 | 0.05 | 0.08 | 0.07 | 0.08 | 0.28 | |
| 2008 | 0.03 | 0.06 | 0.05 | 0.05 | 0.19 | |
| 2007 | 0.02 | 0.05 | 0.03 | 0.03 | 0.14 | |
| 2006 | 0.01 | 0.04 | 0.03 | 0.03 | 0.1 | |
| 2005 | -0.02 | 0.01 | 0.02 | 0.09 | 0.09 |