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BTCC / BTCC Square / Global Cryptocurrency /
Netflix Stock (NFLX) Rises Following Big Q4 2024 Earnings

Netflix Stock (NFLX) Rises Following Big Q4 2024 Earnings

Author:
Global Cryptocurrency
Published:
2025-01-22 06:38:02
17
2
Netflix Stock (NFLX) posted its Q4 2024 results Tuesday, showing significant growth with an 18.9 million user increase in the final quarter of 2024. The company's revenue reached $10.25 billion, surpassing Bloomberg consensus estimates of $10.11 billion and marking a 16% increase from the previous year. Despite a slight miss in first-quarter revenue guidance compared to consensus estimates, diluted earnings per share (EPS) exceeded expectations at $4.27, well above the $2.11 EPS reported in the same period last year. This strong performance led to a 13% jump in NFLX stock during after-hours trading.

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