Warner Bros. Discovery Hits $86M Streaming Profit, 99.6M Subs, Studios Profit Drops 70 Percent [Yahoo! Finance]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: Yahoo! Finance
pay-TV services, compared with a $50 million year-ago profit, after turning a full-year 2023 profit earlier this year. The company, led by CEO David Zaslav , said Thursday that it ended March with 99.6 million global streaming subscribers, compared with 97.7 million as of the end of 2023 and ahead of Wall Street expectations. Segment revenue grew, helped by subscriber price increases and higher advertising revenue, driven by Max U.S. ad-lite subscriber gains. More from The Hollywood Reporter Disney+, Max and Hulu Bundle Planned in Major Streaming Team-Up Warner Bros. Discovery Strikes Canal+, Amazon Prime Deals for Max in France How to Watch Giro d'Italia 2024 Online TD Cowen analyst Doug Creutz had recently forecast the mixed first-quarter results in this key unit. “In DTC, we expect WBD to finish the quarter with 98.8 million OTT subs (52.2 million domestic, and 46.6 million international), with sequential total sub growth of 1.2 million quarter over quarter,” he wrote
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NFLX
Earnings
- 4/18/24 - Beat
NFLX
Sec Filings
- 5/10/24 - Form 4
- 5/9/24 - Form 144
- 5/6/24 - Form 4
- NFLX's page on the SEC website