Tag: NFLX

Netflix Beats Earnings Expectations in Q3 as Advertising Tier Shows Strong Growth

SmartStocks.ca Staff

October 17, 2024

Streaming Stocks, Tech Stocks

Netflix (NASDAQ:NFLX) released a strong Q3 2024 report on Thursday, exceeding expectations with $9.8 billion in revenue and $5.40 earnings per share. The company’s ad-supported tier saw a 35% increase in memberships, driving more than half of new sign-ups in available markets. Subscriber growth also impressed, adding 5.1 million new users, bringing the total to… Read more