Netflix reports 15% revenue increase, announces it will stop reporting member numbers [USA TODAY]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.netflix.com/investor-relations
Company Research
Source: USA TODAY
Netflix reported double-digit growth in its first quarterly earnings report of the year. The company said it had $9.37 billion in revenue in the first quarter of 2024, a 14.8% increase over the same quarter in 2023. The company reported annual growth of 3.7% in the first quarter of 2023. "We have built a hard-to-replicate combination of a strong slate, superior recommendations,broad reach and intense fandom, which drives healthy engagement on Netflix," the company said in a letter to investors on Thursday. Netflix reported its operating margin grew to 28.1%, an increase of 7% year over year, and that it held 8.1% of streaming market share. The company also reported 65% growth in ad tier membership as compared to the last quarter after rising 70% sequentially in the final two quarters of 2023. Netflix to stop reporting member numbers In the letter to shareholders, Netflix said that it would stop reporting quarterly membership numbers and average revenue per membership star
Show less
Read more
Impact Snapshot
Event Time:
NFLX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NFLX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NFLX alerts
High impacting Netflix, Inc. news events
Weekly update
A roundup of the hottest topics
NFLX
News
- Indonesia's Vidio Is Aiming to Double Subscribers Ahead of IPO [BNN Bloomberg (Canada)]BNN Bloomberg
- Outsmart 2024: Visier Declares a New Age of Business Impact for HR, Celebrates the Rise of Generative AI [Yahoo! Finance]Yahoo! Finance
- Global film and TV production down 7% this year following Hollywood strikes, report says [Los Angeles Times (CA)]Los Angeles Times
- The 10 best movies coming to Netflix in May [Business Insider]Business Insider
- The Best Movies and TV Shows Coming to Netflix in May [The New York Times]The New York Times
NFLX
Earnings
- 4/18/24 - Beat
NFLX
Sec Filings
- 5/1/24 - Form 144
- 5/1/24 - Form 144
- 4/30/24 - Form 144
- NFLX's page on the SEC website