Netflix, Inc. (NFLX)
Netflix's ad-tier success 'exceeded their wildest dreams'
Netflix (NFLX) shares are soaring after its fourth quarter results topped estimates, it raised its 2025 revenue forecast, and added nearly 19 million subscribers. Michael Pachter, Wedbush Securities managing director of equity research, joins Morning Brief to highlight the success of Netflix's ad-supported tier, which has helped reduce churn.
Here we go again! Netflix is raising prices.
Here we go again! Netflix is raising prices.
Netflix Adds 19 Million Subscribers, Growth Is Far For Over
Netflix NASDAQ: NFLX completely shattered analyst expectations in its latest earnings report, sending shares up over 14% in after-hours trading on Jan. 21. The consumer discretionary company's subscribers grew by an incredible 19 million.
Netflix Stock Poised For Breakout. What's Next For Streaming Video Leader?
Netflix stock scored a flurry of price-target hikes after the internet television network crushed Wall Street's Q4 estimates. The post Netflix Stock Poised For Breakout.
Netflix subscriber boom opens door for surging revenue - analyst
Netflix Inc has free rein to grow revenue after unveiling a boom in subscriber numbers over the last quarter, Wedbush analysts have said. A record 18.9 million subscribers had been added during the fourth quarter, Netflix said on Tuesday, taking its year-end total to 302 million.
Pantoro meets gold guidance with more than 19,000 ounces produced during quarter
Pantoro Ltd has had a solid quarter of gold production at its wholly-owned Norseman Gold Project, producing 19,438 ounces of gold and fulfilling production expectations of between 18,000 and 22,000 ounces of gold. The company also increased its cash and gold holding by $13.8 million for the quarter, excluding a one-off $6.9 million stamp duty payment as a result of merging with Tulla Resources for a net cash and gold increase of $6.9 million during the quarter. The Norseman Project has now produced positive cashflows for a full year, achieving earnings before indexation, taxation, depreciation or amortisation (EBITDA) of $37.5 million during the latest quarter. Pantoro has revised its annual guidance for the 2025 financial year, now predicting 90,000 ounces at an all-in-sustaining cost (ASIC) of $2,200 per ounce. Pantoro has made solid progress on the Scotia Underground Mine, completing 1,558 metres of development and hauling 43,944 tonnes of ore, a sharp increase from the 3,945 tonnes the previous quarter. The mine has reached commercial production and is expected to achieve steady-state output by the March 2025 quarter. The OK Underground Mine also performed well, producing 11,292 ounces of gold during the quarter. This quarter PNR began rehabilitation of the Bullen Decline, with plans to begin drilling key Mainfield targets by the March 2025 quarter. The company continued exploration and grade control drilling at the Scotia and OK mines, as well as in surface areas including the Butterfly exploration site and the Princess Royal mining centre. Four drill rigs are operational onsite. Netflix Inc (NASDAQ:NFLX, ETR:NFC) shares soared after the streaming service’s strong content slate saw it add a record 18.9 million subscribers during the fourth quarter ending the year with 302 million subscribers. Analysts had expected Netflix to add about 9 million subscribers, below the 13.1 million it added in the year-ago quarter. For Q4, Netflix reported earnings per share of $4.27 which topped estimates of $4.19. Revenue of $10.25 billion marked a 16% year-over-year increase and beat the consensus of $10.12 billion. Netflix said in a letter to shareholders that its Q4 slate outperformed even its high expectations. “Squid Game season 2 is on track to become one of our most watched original series seasons, Carry-On joined our all-time Top 10 films list, the Jake Paul vs. Mike Tyson fight became the most-streamed sporting event ever and on Christmas Day we delivered the two most-streamed NFL games in history,” the company said. For the first quarter, Netflix projected revenue growth of 11.2% to $10.42 billion and earnings per share of $5.58, missing Wall Street estimates of $10.5 billion and $5.96, respectively. For the full year, Netflix boosted its full-year revenue outlook to now expect revenue in the range of $43.5 billion to $44.5 billion, up from its earlier forecast of $43 billion to $44 billion. “We’re focused on improving all aspects of our service and, combined with the return in 2025 of our biggest shows (Squid Game, Wednesday and Stranger Things), we’re optimistic heading into the new year,” Netflix told shareholders. Additionally, Netflix announced a $15 billion stock buyback and announced it will be raising its prices starting on Tuesday with most plans in the US, Canada, Portugal and Argentina. Details about the price increases were not immediately available. Shares of Netflix surged 12.5% to $978 post-earnings.
NFLX Soars, Hikes Prices; "Almost Hitting $1000 Mark"
On Netflix (NFLX), Dan Rayburn says "the fact that they added almost 19m subscribers in the quarter was incredible." Dan dives into the details on the streaming giant's foray into live sporting events with the NFL and WWE.
Disney Gets Great News From Netflix
Shares of Netflix Inc. (NASDAQ: NFLX) soared on its subscriber growth and ability to raise prices.
Netflix Posts Knockout Earnings. One Bull Sees the Stock Surging 44%.
Netflix flexed its streaming dominance Tuesday—and Wall Street's biggest bull thinks its shares are set for another stellar year.
Cobalt Blue boosts finances on completing entitlement issue
Cobalt Blue Holdings Ltd has bolstered its finances by A$519,647 ahead of a key year in its critical minerals strategy after closing a pro-rata non-renounceable offer to eligible shareholders. The offer was made on the basis of one new share for every five shares held by eligible shareholders on November 21, 2024, at an issue price of A$0.072 per share. This represented a 10% discount to the closing price of A$0.08 on November 15, 2024, and between 20-23% to the 10 and 15-day VWAP, respectively as of that date. When the offer closed on January 17, 2025, Cobalt Blue had received applications for 7,217,314 new shares, including those received under a top-up facility. The expected date to issue new shares under the entitlement issue is January 23, 2025, and the expected date of the start of trading of these shares is January 24, 2025. READ: Cobalt Blue progresses refinery and feedstock plans, including black mass MOU The company intends to use the funds together with existing cash resources to fund the following: READ: Cobalt Blue creating circular battery economy facilitated by ReMine+ The company reserves the right to place the shortfall shares from the entitlement issue at its discretion within three months of the closing date. COB shares have been as much as 6.25% higher in ASX trading today to A$0.068. Netflix Inc (NASDAQ:NFLX, ETR:NFC) shares soared after the streaming service’s strong content slate saw it add a record 18.9 million subscribers during the fourth quarter ending the year with 302 million subscribers. Analysts had expected Netflix to add about 9 million subscribers, below the 13.1 million it added in the year-ago quarter. For Q4, Netflix reported earnings per share of $4.27 which topped estimates of $4.19. Revenue of $10.25 billion marked a 16% year-over-year increase and beat the consensus of $10.12 billion. Netflix said in a letter to shareholders that its Q4 slate outperformed even its high expectations. “Squid Game season 2 is on track to become one of our most watched original series seasons, Carry-On joined our all-time Top 10 films list, the Jake Paul vs. Mike Tyson fight became the most-streamed sporting event ever and on Christmas Day we delivered the two most-streamed NFL games in history,” the company said. For the first quarter, Netflix projected revenue growth of 11.2% to $10.42 billion and earnings per share of $5.58, missing Wall Street estimates of $10.5 billion and $5.96, respectively. For the full year, Netflix boosted its full-year revenue outlook to now expect revenue in the range of $43.5 billion to $44.5 billion, up from its earlier forecast of $43 billion to $44 billion. “We’re focused on improving all aspects of our service and, combined with the return in 2025 of our biggest shows (Squid Game, Wednesday and Stranger Things), we’re optimistic heading into the new year,” Netflix told shareholders. Additionally, Netflix announced a $15 billion stock buyback and announced it will be raising its prices starting on Tuesday with most plans in the US, Canada, Portugal and Argentina. Details about the price increases were not immediately available. Shares of Netflix surged 12.5% to $978 post-earnings.
Netflix Wows Wall Street as Subscribers Double. Can a Stock Split Be Far Behind?
Streaming giant Netflix (NASDAQ:NLFX) trounced Wall Street expectations with a fourth quarter earnings report that excelled across the board.
