Netflix Inc. (NFLX)
Netflix Scraps Cheapest Ad-Free Tier For Existing Customers
Netflix will scrap its cheapest advertisement-free subscription plan for all customers in the U.S., the streaming giant announced on Thursday, just one year after the company—which once swore off advertisements—eliminated the option for new customers, marking the latest price hike in the ongoing streaming wars.
Netflix adds 8 million subscribers due in part to success of Baby Reindeer and Bridgerton
Streaming service's ad-supported subscription and live event streaming saw revenue reach $9.5bn in latest quarter
With corners of the media industry in upheaval, Netflix makes clear it's staying out of the fray
Netflix added more than 8 million subscribers in the second quarter and now has more than 277 million global customers. The company emphasized it's content to take market share from the traditional world of TV that's not YouTube.
Netflix Adds More Subscribers Than Forecast, But Its Sales Outlook Misses Views
Internet television network Netflix beat Wall Street's estimates for the second quarter. But Netflix stock fell in extended trading.
Netflix adds better-than-expected 8M subscribers — but warns gains could slow
The new sign-ups brought the total number of global Netflix subscribers to more than 277 million.
Netflix Ad Exec Peter Naylor To Exit
Peter Naylor, the former head of advertising at Hulu, is leaving Netflix after less than two years in a senior executive role. The move was confirmed to Deadline by a person familiar with the company's ad exec roster.
Netflix shares slip on weak Q3 revenue guidance
Netflix Inc (NASDAQ:NFLX, ETR:NFC) shares fell after Thursday's closing bell as a third quarter revenue guidance miss overshadowed a strong quarterly earnings report. For Q3, Netflix expects revenue of $9.73 billion, below the $9.83 billion expected by Wall Street analysts.
Netflix Beats Subscriber Expectations For Second Quarter
Netflix beat estimates with second quarter earnings continuing a stellar track record this year, meeting expectations on revenue growth and exceeding for net subscriber adds, which were 54% above average estimates.
Netflix Q2 Earnings Highlights: Revenue Beat, EPS Beat, Advertising Revenue 'More Meaningful,' 'Squid Game' Multiplayer Game Coming
Streaming giant Netflix Inc NFLX reported second-quarter financial results after the market close Thursday.
Netflix had another blowout quarter
Netflix reported its second-quarter earnings on Thursday. New subscriber numbers surpassed analysts' expectations at just over 8 million.
Netflix Outdoes Expectations Again, Adding 8M Subscribers In Q2
Netflix added 8 million subscribers in the second quarter, delivering its latest upside surprise to Wall Street, though the company's stock pulled back on weaker guidance for future revenue. Revenue of $9.559 billion and earnings per share came in just ahead of Wall Street analysts' consensus expectations.
Netflix beats estimates as ad-supported memberships rise 34%
Advertising has become an increasingly important business model for media companies to boost — or in some cases, achieve — profitability for streaming. Netflix's stock has been uplifted in recent quarters by its push to gain subscribers on its cheaper, ad-supported tier, in addition to its crackdown on password sharing.
