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Netflix Q1 2024 Earnings: 9.3M Subscriber Adds

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April 18, 2024 — 09:15 pm EDT Written by Motley Fool Transcribing for The Motley Fool -> Image source: The Motley Fool. Netflix (NASDAQ: NFLX) Q1 2024 Earnings Call Apr 18, 2024, 4:45 p.m. ET

Netflix adds 9.3M global subs in Q1, ad tier members grew 65%

Netflix ended Q1 with total streaming paid memberships of 269.6 million, up 16% y/y, and well above the estimate of 264.52 million. The company added 9.33 million customers in the first quarter of 2024, according to a statement Thursday, nearly doubling financial results and business the 4.84 million average of analysts’ estimates. Netflix attracted new customers from all over the world, showing particular strength in the US and Canada. Those new subscribers helped the company beat forecasts for sales and earnings as

Netflix Q1 2024 Earnings Call Transcript

Netflix beat Wall Street revenue and other financial forecasts in the second quarter and blew past subscriber growth forecasts as it added 8.1m global paid members to reach 277.7m. Date Filing Type Filing Description Filer Download / ViewInvestors

Netflix Q1 Earnings Beat, Revenues Rise Y/Y on Subscriber Gain April 21, 2025 — 10:43 am EDT Written by Zacks Equity Research for Zacks ->

Netflix reported first-quarter earnings that topped analysts’ expectations, sending shares higher in extended trading Thursday. Netflix, Inc. (NASDAQ: NFLX) today announced it will post its second quarter 2024 financial results and business outlook on its investor relations website at http://ir.netflix.net on Thursday, July 18, 2024, at approximately 1:00 p.m. Pacific Time.

Liedtke, M. (2024, April 19). Netflix now has nearly 270 million subscribers after another strong showing to begin 2024. AP2. Zandt, F. (2023 July 20). 2. The Most Popular Streaming Services in the U.S. Statista. 3. Richter, F. (2024 April 19). Netflix Adds 9.3M Subscribers in Strongest Q1 Since 2020.Statista. 4. Netflix’s Q4 2023 earnings reveal a remarkable 13.1 million new subscribers and a 12% revenue increase. With a focus on continuous improvement and market expansion strategies, Netflix sets the stage for further gains and increased shareholder value. Netflix (NFLX) stock jumps 4% post-earnings, beating Q1 expectations with strong revenue & advertising growth.

Netflix gained another 9.3 million subscribers to start the year while its profit soared with the help of a still-emerging expansion into advertising, but caught investors off guard with a change that will make it more difficult to track the video streaming service’s future growth.

Netflix announced their Q1 2024 earnings on 4/18/2024. View NFLX’s earnings results, press release, and conference call transcript at MarketBeat.

Netflix Projects $10.4B in Q1 Revenue as Ad Tier Drives Growth

Netflix beat Wall Street financial estimates for Q1 2025, the first quarter it is no longer reporting subscriber counts. Netflix Q4 2024 earnings: NFL and Jake Paul-Mike Tyson help drive subscribers to streaming giant before by membership growth it stops reporting the number. Netflix ended 2024 with 302 million global subscribers and an annual operating income exceeding $10 billion for the first time in the company’s history, the streaming giant said on Tuesday. The

Netflix (NFLX 0.57%) Q1 2024 Earnings Call Apr 18, 2024, 4:45 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Spencer Wang Good afternoon, and welcome A boost in subscribers and recent pricing changes pushed Netflix revenue up 14.8% to $9.3 billion during its first quarter of 2024, with net income surging by 77% to $2.3 billion. But in a notable Netflix (NASDAQ:NFLX) is set to report Q1 2025 earnings on April 17, and the company’s aiming to keep its streak going. It’s guiding for $10.4 billion in revenue up 11.2% from the $9.35 billion it

Netflix VP of Finance to Present at the MoffettNathanson Media, Internet & Communications Conference Download Mar 15, 2024 This chart shows the net change in the number of Netflix subscription, per quarter.

3 million cord-cutting family units will be within the US by 2026. Estimates propose that within the U.S., cable and disciple tv suppliers have seen a decrease of 20 million in their subscriber Subscribers are out I said count. Resources: 1. Liedtke, M. (2024, April 19). Netflix now has nearly 270 million subscribers after another strong showing to begin 2024 . AP 2. Zandt, F. (2023 July 20).

Netflix surpasses Q1 earnings expectations, to no longer report quarterly membership numbers, focus on revenue and engagement metrics. Netflix will no longer report subscriber numbers — which has been a key metric for streaming services for years — beginning with the first quarter topped analysts expectations sending shares of 2025, Variety reported. The company made the announcement releasing its Netflix reported record profit to start the year, with first-quarter earnings rising 25% to $6.61 a share, beating analysts‘ estimates. The company’s sales grew to $10.5 billion, in line with

Those new subscribers helped the company beat forecasts for sales and earnings as well. Despite the growth, Netflix shares were down 4.6 per cent to $582.70 at 6.03pm New York time.

Subscribers are out I said out, not down. They’re actually up over 9 million, and Netflix took this strong moment to redefine its own “keeper test.” The streamer will no longer be sharing quarterly subscriber movements at earnings. This deconstructs the opportunity for scrutiny on this metric. Netflix has published its first quarter earnings for 2024 showing a big jump in revenue as subscriber numbers jumped by 9.3m, higher than the streamer had forecast. Netflix now has 269.6m subscribers worldwide. Netflix reported that in Q1, revenue grew 15% year over year, driven primarily by membership growth as well as pricing. Learn how a gush of new subscribers, Netflix’s entrance into Live Sports, and its strong content slate boosted Netflix profit and earnings, beating Holiday Quarter estimates with INDmoney.

Top Investor Questions Content Accounting Overview Netflix Culture About Netflix Financials Quarterly Earnings Financial Statements

Netflix Adds 9.3 Million Subscribers in Q1 2024, Continuing Growth From Password-Sharing, Ad-Supported Changes The cycle of quarterly earnings reports from top media companies is beginning again. Netflix beat quarterly earnings and revenue estimates. The company said subscribers jumped 16% from the year-earlier period, but added it would no longer report paid memberships starting next year

In its first quarter earnings report, Netflix announced alongside its successful start to the year that it would cease sharing subscriber numbers beginning a year from now, with its Q1 2025 earnings. Netflix (NFLX) earnings are set to reveal a new new subscribers focus on revenue and margins over subscribers. Streaming giant Netflix Inc (NASDAQ:NFLX) is set to report first-quarter financial results on Thursday, April 18, 2024, after market close. Here’s a look at earnings estimates, what analysts are

Spencer Wang: Good afternoon, and welcome to the Netflix Q1 2025 Earnings Interview. I’m Spencer Wang, VP of Finance, IR and Corporate Development. Joining me today are Co-CEOs, Ted Sarandos and Greg