Netflix added roughly 8.7 million new subscribers in the fourth quarter [CNNMoney.com]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: CNNMoney.com
Netflix adds subscribers as competition from Disney+ and Apple ramps up New York (CNN Business) Netflix ( NFLX ) released its earnings on Tuesday, finally giving itself a chance to calm the nerves of jittery investors who are concerned about the rise of rivals . So did Netflix shrug off its competitors or did its subscriber base take a hit? The streaming giant exceeded its own expectations by reporting fourth quarter earnings showing that it added roughly 8.7 million new subscribers. That is above the 7.6 million that the company was projecting. Netflix now has 167 million subscribers globally. The service said it expects to add another 7 million subscribers in the next quarter, which was slightly weaker than what Wall Street was projecting. While Netflix exceeded expectations overall, its numbers in the United States and Canada were sluggish at best. The streamer signed up 420,000 new members in those markets, fewer than the 600,000 it projected. Read M
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NFLX
Earnings
- 10/17/24 - Beat
NFLX
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- 11/20/24 - Form 144
- NFLX's page on the SEC website