Shares & Derivatives
Netflix Smashes Subscription Numbers in Q4 2024: Stock Pops 14%
By TradingKey  •  January 22, 2025
TradingKey - For most global investors, the focus has been on President Donald Trump’s first day back in the Oval Office in the US. While there were a lot of policy reversals and rollbacks on the first day, the market was also dealing with the ongoing earnings season. One of the first large technology companies to report was streaming giant Netflix Inc (NASDAQ: NFLX). The company came out with its Q4 2024 results on Tuesday (21 January) after the market closed in the US. Investors were not disappointed as the dominant streaming platform operator notched up its best ever subscription number ever for a single quarter. As a result, Netflix stock soared 14% in after-hours trading. Here’s what investors need to know about Netflix’s latest blowout quarter. Netflix subscriber growth shines, outlook solid It was a quarter to write home about for Netflix as the company delivered a net gain...
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By TradingKey
TradingKey is a comprehensive financial education and news analysis website, providing real-time market data, financial news coverage across commodities, cryptocurrencies and more, as well as professional trading courses.
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