The Daily Earnings Reports Podcast

Netflix (NFLX) Q4 2024 Earnings Breakdown


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Key Highlights:

  • Netflix successfully executed its plan to re-accelerate growth in 2024.
  • Full-year revenue grew by 16%, with operating margin expanding six percentage points to 27%.
  • Operating income exceeded $10 billion for the first time.
  • Netflix highlights the success of its content slate, including both original and licensed titles.
  • Specific content successes mentioned include:
  • Squid Game Season 2, on track to be one of their most-watched original series seasons.
  • The film Carry-On joined their all-time Top 10 films list.
  • The Jake Paul vs. Mike Tyson fight was the most-streamed sporting event ever.
  • Two NFL games streamed on Christmas Day became the most streamed NFL games in history.
  • Netflix also notes the critical acclaim of its content: “A slate that resonated with critcs and awards bodies alike, as we garnered the most Golden Globe nominatons and wins of any entertainment company…”
  • The company emphasizes their goal to be the "first place members go for entertainment" and measures success through engagement metrics (view hours).
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    The Daily Earnings Reports PodcastBy The Daily Earnings Reports Podcast

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