Netflix users don’t seem to mind a few ads if that will get them a lower price on watching their favorite movies and TV shows. As part of its third-quarter earnings shared on Thursday, which beat the estimates, the streaming service giant revealed that...
Netflix stocks surged by 10% during premarket trading on Wednesday after the streaming giant released its fourth-quarter results. 13.12 million subscribers joined Netflix in the quarter, beating the company's own forecast of roughly nine million additions. Full-year 2023 additions stood at 30 million.
Revenue for...
Shares in streaming giant Netflix Inc. rose by as much as 14% to $393 in premarket trading on Thursday, putting them on course to their largest intraday rise in around a year. This comes after the company released strong financial results for the third quarter,...
Netflix stocks closed 2% lower on Thursday after falling 5% the previous day. This comes after comments from CFO Spencer Neumann at Bank of America's Media, Communications, and Entertainment Conference that touched on the company's lower-than-expected outlook on its operating margins.
After speaking on numerous...
Netflix is entering a new era of content growth, with the streaming company looking to cut costs while also boosting its content offerings to remain on top of what is an increasingly competitive market.
According to Netflix Co-CEO Ted Sarandos, the streaming giant's new growth...
Streaming giant Netflix shared its first-quarter earnings report on Tuesday that revealed mixed results. The company managed to beat the Wall Street estimates on earnings per share (EPS) but failed to clear the mark on revenue and subscribers estimates.
Netflix reported revenue of $8.16 billion,...
