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The Daily Earnings Reports Podcast is your go-to podcast for the latest corporate financial news. Every trading day, we dive deep into the earnings reports of publicly traded companies, breaking down key metrics, analyzing market reactions, and offering expert insights. Stay informed, make informed investment decisions, and gain a competitive edge in the dynamic world of finance.
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Thursday Jan 23, 2025
Netflix (NFLX) Q4 2024 Earnings Breakdown
Thursday Jan 23, 2025
Thursday Jan 23, 2025
Key Highlights:
- Netflix successfully executed its plan to re-accelerate growth in 2024.
- Full-year revenue grew by 16%, with operating margin expanding six percentage points to 27%.
- Operating income exceeded $10 billion for the first time.
- Netflix highlights the success of its content slate, including both original and licensed titles.
- Specific content successes mentioned include:
- Squid Game Season 2, on track to be one of their most-watched original series seasons.
- The film Carry-On joined their all-time Top 10 films list.
- The Jake Paul vs. Mike Tyson fight was the most-streamed sporting event ever.
- Two NFL games streamed on Christmas Day became the most streamed NFL games in history.
- Netflix also notes the critical acclaim of its content: “A slate that resonated with critcs and awards bodies alike, as we garnered the most Golden Globe nominatons and wins of any entertainment company…”
- The company emphasizes their goal to be the "first place members go for entertainment" and measures success through engagement metrics (view hours).
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