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For the fourth quarter of 2024, the company reported net revenue of $10.2 billion, up from $8.8 billion in the year-ago period, while net income more than doubled to $1.9 billion. Netflix shares ...
The company is raising the cost of its ad-supported plan to $7.99 from the prior $6.99. Its Standard, ad-free tier will now be $17.99, up from $15.49, while its Premium plan will increase by $2 to ...
Compared to the same quarter last year, net profits rose 44% to $2.15 billion. After being widely considered the winner of the streaming wars , there were some questions as to what extent Netflix ...
Netflix ended September with 282.7 million worldwide subscribers – far more than any other streaming service. Netflix's subscriber growth is slowing, but its profit and stock price are still surging
Netflix posted its first profit in 2003, earning $6.5 million on revenues of $272 million; by 2004, profit had increased to $49 million on over $500 million in revenues. [33] In 2005, 35,000 different films were available, and Netflix shipped 1 million DVDs out every day.
The previous time Netflix raised prices in the US and UK was in October 2023. In the UK, that meant the basic, ad-free subscription rose from £6.99 a month to £7.99, while the premium ...
A company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, [1] pronounced / ˈ iː b ɪ t d ɑː,-b ə-, ˈ ɛ-/ [2]) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, state-mandated payments, and costs required to maintain its asset base.
Netflix said ad-tier memberships increased by nearly 70% quarter over quarter with the ads plan now accounting for 40% of all Netflix sign-ups in the markets it's offered in.