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Netflix Adds 5 Million Paid Subscribers in Q3 to Reach 282 Million Globally

Jennifer Maas Spain France Brazil Italy Japan Netflix reports country wellness Provident UPS Тикеры

17.10.2024 - 21:41

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variety.com

variety.com:

Jennifer Maas TV Business Writer Netflix added 5.1 million paid subscribers to reach 282.72 million globally in the third quarter of 2024.

That marks year-over-year growth of more than 14%. The third-quarter subscriber and financial results for the industry’s No.

1 streamer ended up besting analysts’ estimates in every key metric. Wall Street forecast earnings per share (EPS) of $5.12 on $9.77 billion in revenue for the July-September quarter, according to analyst consensus data provided by LSEG, formerly Refinitiv.

Netflix reported adjusted EPS of $5.40, net income of $2.4 billion, on $9.83 billion in revenue. Revenue was up 15% from Q3 of 2023.

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