Netflix Adds 18.9M Subs, Passes 300M Users, Announces Price Hikes

Netflix stock jumped in after hours trading after announcing Q4 results that easily beat Wall Street expectations for sub counts, revenue and profits as it added 18.9 million new global users in the final quarter of 2024 and it boosted its total sub count to 301.63 million.

For the full year, revenue grew 16% to $39 billion, operating margin expanded six points to 27% and operating income exceeded $10 billion for the first time in its history. (TV Tech)

Latest Posts:

Subscribe Today!

Don't miss our daily round-up of the best tech and entertainment news.