Netflix (NFLX) earnings Q4 2024

Shares of Netflix rose more than 10% after the company’s earnings beat the top and bottom lines after the closing bell on Tuesday.

Fourth-quarter revenue rose 16% from a year earlier to $10.25 billion, higher than the $10.11 billion Wall Street had predicted.

In addition, the company surpassed 300 million paid memberships, a record addition of 19 million subscribers. The company said the growth was driven by its content slate, improved product and typical seasonality in the fourth quarter.

Here are the figures for the company’s latest quarter:

• Earnings per stock: $4.27 vs. $4.20 according to LSEG
• Income: $10.25 billion versus $10.11 billion according to LSEG
• Paid membership: 301.63 million against 290.9 million according to StreetAccount

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