Last week, Netflix announced its earnings results for the fourth quarter of 2024. It was a very good quarter with record subscriber growth and revenue, and things look like they’re going very well for Netflix.
Like clockwork, another year passes and more people decide to ditch cable TV. According to eMarketer, less than 50% of all households in the U.S. still have their traditional linear subscription package.
Netflix has posted astonishingly strong earnings after raising prices. That signals to Disney that the industry as a whole is healthy.
Netflix ( NFLX 9.69%) was one of the best stocks of the 2010s. After an initial misstep with Qwikster, Netflix successfully transitioned from a DVD-by-mail business to a streaming one and delivered phenomenal growth over the decade as it expanded around the world and made streaming mainstream.
The company combines a high EBITDA margin with robust growth. With a PEG of 1.45x, it offers 17% appreciation potential and presents solid financial health. Read more here.
Disney+ added 4.4 million core subscribers last quarter, excluding the lower-priced Disney+ Hotstar service in India.
Streaming service Netflix garnered 16 film nominations (mostly for "Emilia Pérez"), more than any other studio or streamer. But Universal Pictures and its Focus Features sister unit weren't far behind.
Netflix is now worth more than the combined market capitalizations of the owners of the four U.S. broadcast channels.
(Reuters) -Netflix shares soared in premarket trading on Wednesday after the company reported a blockbuster holiday quarter as a robust content line-up and its entry into live sports streaming brought in a record number of new subscribers.
Netflix (NASDAQ: NFLX ... In this article, we are going to take a look at where Walt Disney Company (NYSE:DIS) stands against other stocks that Jim Cramer recently discussed.
The analyst noted that Disney's report comes after Netflix Inc NFLX reported better-than-expected fourth-quarter results and had its best ever quarter for net additions (+18.9 million).
Netflix's Q4 earnings show strong growth in revenue and subscriber base, solidifying its position as a top growth stock. Click here to read why NFLX is a Buy.