Netflix's fourth-quarter results edged Wall Street analysts' estimates, and the company cited “great progress” in its ongoing buildout of an advertising business. Earnings per share came in a penny ahead of expectations at 56 cents, while revenue of $12.051 billion exceeded the target of around $12 billion.
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All eyes are on Netflix, which is set to report fourth-quarter earnings after Tuesday's closing bell.
Investors are about to get some fresh financial results from one of the streaming industry's biggest players.
Netflix reports fourth-quarter earnings after the bell Tuesday. Wall Street analysts expect earnings per share of 55 cents and revenue of $11.97 billion, according to LSEG.
Netflix has boosted its offer for media giant Warner Bros Discovery (WBD) as it seeks to fend off a hostile takeover from entertainment conglomerate Paramount.
Netflix Inc (NASDAQ:NFLX, XETRA:NFC) and Warner Bros. Discovery Inc (NASDAQ:WBD, XETRA:J5A) announced Tuesday that they have amended their definitive agreement for Netflix's pending acquisition of Warner Bros.
CNBC's David Faber delivers his latest on the Warner Bros. Discovery deal.
Stock futures are sinking Tuesday morning amid rising geopolitical concerns; President Donald Trump has threatened new tariffs on a number of European countries unless the U.S. is allowed to acquire Greenland; gold and silver prices are surging to new record highs as investors turn to safe-haven assets; tech stocks are under pressure amid the volatiity; and Netflix's latest quarterly results are due after the closing bell as the company sweetens its offer for Warner Bros. Discovery.
In an effort to sweeten the pot for Warner Bros. Discovery (WBD) shareholders, Netflix is now offering cash for shares of the company, revising the cash-and-stock deal it had struck with WBD's board earlier.
Tuesday morning brings five major stories, and five ways to profit. Here's what happened and how you make money from it.
Netflix sweetened its deal to buy Warner Bros. Discovery's studios and HBO streaming business to an all-cash offer, the companies said Tuesday.