Netflix Inc (NASDAQ:NFLX, ETR:NFC) has raised prices on most of its US subscription plans, marking its first price hike for its ad-supported tier. The standard plan without ads is increasing from $15.49 to $17.99 per month, while the premium plan will rise from $22.99 to $24.99.
Netflix shares listed in Frankfurt rose 14.3% in early trading on Wednesday after the streaming service said on Tuesday it attracted a record number of subscribers over the holiday quarter.
Netflix (NFLX) shares soared in extended trading Tuesday after the streaming giant posted better-than-expected fourth-quarter results and lifted its 2025 revenue outlook.
Netflix's earnings jump for Q4 and FY 2024 wasn't matched by cash flow growth. Cash flow statement is crucial as profits mean little without corresponding cash or assets. Content asset additions rose significantly, outpacing membership growth and amortization.
Netflix's Q4 results show 16% revenue growth and 15.9% streaming membership growth, surpassing market expectations, supporting a 'Strong Buy' rating with a $1,200 fair value. Significant investments in content and the expansion of ad-supported streaming plans are driving subscriber growth and engagement, reducing churn. Netflix's in-house advertising platform, launching in 12 more countries, aims to improve margins by eliminating middle-layer costs and enhancing monetization.
The option allows you to stream Netflix with commercials for $1 less than the Standard with Ads plan.
Netflix closed out Q4 of 2024 with a record 19 million net new subscribers in the fourth quarter. This marked the largest quarterly membership increase in the company's history.
Netflix, Inc. (NASDAQ:NFLX ) Q4 2024 Earnings Conference Call January 21, 2025 4:45 PM ET Company Participants Spencer Wang - Vice President, Finance, IR & Corporate Development Ted Sarandos - Co-Chief Executive Officer Greg Peters - Co-Chief Executive Officer Spence Neumann - Chief Financial Officer Spencer Wang Good afternoon, and welcome to the Netflix Q4 2024 Earnings Interview. I'm Spencer Wang, Vice President of Finance, IR and Corporate Development.
Netflix is raising the price of its standard ad-free plan for the first time in three years, though it will still cost less than the comparable version of Hulu,
While the top- and bottom-line numbers for Netflix (NFLX) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Indexes have rocketed up from 2025 lows hit a week to a week and a half ago.
Rich Greenfield, LightShed Partners, joins 'Fast Money' to talk Netflix's quarterly report and historic subscriber addition.