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Netflix misses earnings estimates in Q4
Invezz· 2024-01-24 05:23
Netflix Inc (NASDAQ: NFLX) is trending up in extended hours on Tuesday after reporting better-than-expected revenue for its fiscal fourth quarter.Copy link to sectionInvestors are cheering also because the streaming giant came in above Street estimates for net new subscribers. Netflix ended its recent quarter with 260.8 million subscribers versus 256 million expected. The streaming giant said in its letter to shareholders today:There’s plenty of room for growth ahead as streaming expands. If we improve Netf ...
Netflix Blows Past Q4 Subscriber Targets, Topping 260M
Deadline· 2024-01-24 05:09
Netflix订阅用户增长 - Netflix在2023年底全球订阅用户达到了2.603亿,比预期增加了1300万用户[1] 财务表现 - 公司错过了每股收益预测,总收入勉强达到华尔街预期,面临着与去年同期的复杂比较和最近价格上涨的持续影响[2] 广告和付费密码共享举措 - Netflix在该季度的广告和付费密码共享等持续举措继续取得成果,广告层每月活跃用户从去年11月的1500万增长到了本月的2300万[4]
Netflix Earnings: Stock Soars Toward 2-Year High As Subscribers Surge
Forbes· 2024-01-24 05:08
ToplineNetflix tallied its strongest year ever in 2023, as evidenced by a host of metrics shared in its earnings report Tuesday afternoon, as the entertainment giant asserts its dominance amid a rocky stretch for streamers, though Netflix stock remains unable to recapture its early pandemic peaks.Netflix has resumed subscriber and profit growth after a chilly 2022.NurPhoto via Getty Images Key FactsNetflix reported $8.8 billion of sales and $2.11 earnings per share in the three-month period ending December ...
Netflix Picks Up WWE's Raw and Other Live Events in New Deal
CNET· 2024-01-24 04:50
Netflix与WWE合作 - Netflix与WWE达成独家协议,将于2025年1月起为其订阅者提供WWE的旗舰节目Raw和其他直播节目和活动[1] - 协议价值超过50亿美元,Netflix订阅者在美国、加拿大、英国和拉丁美洲将首先获得这些节目,未来还将扩展到更多地区和领土[3] - Netflix首次涉足直播体育赛事,之前举办了首届The Netflix Cup高尔夫锦标赛,这也标志着Netflix在直播体育领域的新尝试[4] - 流媒体领域倾向于直播体育节目,包括Max、Prime Video、Paramount Plus和Peacock等服务提供了越来越多的直播体育内容,有些需要额外付费,Netflix是否会提高价格或者将WWE内容限定在某些订阅计划中尚不清楚,但会有更多直播体育节目可供会员观看[5]
Netflix Steps Into Live Entertainment Arena With WWE's RAW
Investopedia· 2024-01-24 03:45
Key TakeawaysNetflix and TKO Group announced Tuesday morning that RAW, WWE's flagship weekly wrestling program, will join the streaming platform at the beginning of 2025.The agreement will bring the television series off linear television for the first time in its 31-year history.Netflix will be the exclusive home of Raw in the U.S., and the home for all WWE specials and programming outside of the U.S.TKO shares were up 13% in mid-afternoon trading.Netflix (NFLX) and WWE parent TKO Group Holdings (TKO) anno ...
Netflix is set to report earnings – here's what Wall Street expects
CNBC· 2024-01-24 01:00
The Netflix logo is shown on one of the streaming giant's Hollywood buildings in Los Angeles on July 12, 2023.LOS ANGELES — Netflix is due to report fourth-quarter earnings after the closing bell Tuesday.The company's performance has been an anomaly in the streaming realm. While competitors struggle to turn profits, Netflix saw an 8% bump in revenue last quarter as its paid memberships grew again.Here's what Wall Street expects: Earnings: $2.22 per share, according to LSEG, formerly known as RefinitivRevenu ...
Netflix earnings: What to expect
Market Watch· 2024-01-24 00:54
Netflix Inc. reports its fourth-quarter results on Tuesday afternoon, and analysts have been salivating of late about the company’s potential to reap the benefits of its advertising tier and to post net additions to its base of 247 million subscribers.Here’s what analysts are expecting from the largest video-streaming service.What to expect Earnings: Analysts tracked by FactSet project Netflix NFLX, +0.08% to report $2.22 a share in adjusted earnings, compared with 12 cents a share a year before. Over the ...
Why Netflix just made a $5 billion pro wrestling deal
Business Insider· 2024-01-24 00:18
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFor years, people have asked Netflix executives when the company would finally start streaming live sports. Or, at least, "live sports entertainment."Now they know: 2025.That's when a new $5 billi ...
Netflix stock rises ahead of earnings boosted by WWE streaming deal
Proactive Investors· 2024-01-23 23:12
About this content About Jamie Ashcroft Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a first-class degree in Business and Economics and qualifications in software design and development. As one of the early external hires at Proactive in 20 ...
WWE and UFC parent's stock, TKO, rockets after deal to show ‘Raw' only on Netflix
Market Watch· 2024-01-23 21:38
Shares of TKO Group Holdings Inc. soared toward a record gain Tuesday, after the parent of World Wrestling Entertainment and Ultimate Fighting Championship announced a deal with Netflix Inc. in which WWE’s “Raw” program will be shown exclusively on the streaming service.The deal marks a major shift in programming as the weekly “Raw” program will leave linear TV for the first time since its inception 31 years ago.“This deal is transformative,” said TKO Chief Operating Officer Mark Shapiro. “It marries the ca ...