Netflix hits record high as strong subscriber additions ease growth worries
Netflix shares rose 5.2% in premarket trading on Friday, after the streaming giant topped Wall Street estimates for new subscriber additions by more than 1 million and projected higher customer sign-ups for the December quarter.
Netflix Rises 4.5% After Beating Q3 Subscriber Targets
Netflix clocked 5.1 million new streaming subscribers in the third quarter, and said it expected higher customer growth around the holidays when Korean drama "Squid Game" returns. Shares rose 3% in after-hours trading on Thursday, having closed the regular trading session at $687.65, down 2%.
The company’s profit and revenue also beat estimates, a positive sign for its efforts to shift investor focus away from ...
Shares are now up over 60% this year after soaring to a new all-time high on Friday, rising above the $760 mark.
While other streaming services are increasingly turning to bundles to help boost subscriber numbers, Netflix (NFLX) says it ...
Investors piled into Netflix shares on Friday, sending the stock to fresh records after the streaming giant's strong earnings ...
Netflix shows solid footing for FY25 with improved content and growth catalysts. Read more about NFLX stock and why I see ...
Netflix exceeded Wall Street's expectations by adding 5.1 million subscribers in the third quarter of 2024, driven largely by ...
Netflix shares are up about 4% in after-market trade as quarterly numbers beat on the bottom line and subscriber numbers.
According to analyst consensus data provided by LSEG, Wall Street forecasted earnings per share of $5.12 USD on $9.77 billion ...
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