Netflix Inc. may have a hard time topping its mammoth 2024, but Wall Street is optimistic about offerings that include major names in entertainment and sports.
We enter 2025 with strong momentum,” Netflix said in its note to investors, saying it added a record 41 million subscribers in 2024 and re-accelerated growth.
The company also announced a $15 billion stock buyback and boosted its full-year revenue outlook in its after-hours report on Tuesday. Netflix now projects 2025 revenue between $43.5 billion and $44.5 billion, ahead of the prior $43 billion to $44 billion range.
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Netflix reaffirmed its dominance of the streaming video market on Tuesday, as its mixture of live sporting events, popular returning series - and
Netflix also debuted the second season of Squid Game, which reached a record-breaking 68mn views in its first week. “We enter 2025 with strong momentum, coming off a year with record net (subscriber) additions and having re-accelerated growth,” the company wrote in a letter to shareholders.
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A strong slate of recent original shows and live events is likely to have encouraged people to sign up for the streaming service.
Netflix Inc. may have a hard time topping its mammoth 2024, but Wall Street is optimistic about offerings that include major names in entertainment and sports.The streaming-video company has made a splash with sports programming,
Netflix (NFLX) called out success in live programming, including with its Jake Paul-Mike Tyson boxing match and NFL Christmas slate. "Although our live programming will likely be a small percentage of our total view hours and content expense, we think the eventized nature will result in outsized value to both our members and our business."
Netflix shares are surging into record territory, up 10% in Tuesday's extended session. This is breaking news. Check back for updates. The following is a preview published before earnings were released.