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The Daily Earnings Reports Podcast
The Daily Earnings Reports Podcast
100 episodes
9 months ago
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Investing
Business
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Investing
Business
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Netflix (NFLX) Q4 2024 Earnings Breakdown
The Daily Earnings Reports Podcast
17 minutes 35 seconds
9 months ago
Netflix (NFLX) Q4 2024 Earnings Breakdown
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).
The Daily Earnings Reports Podcast