Published January 24,2024
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Netflix added a report 13.1 million subscribers within the fourth quarter of final 12 months, in keeping with its monetary outcomes launched late Tuesday.
The on-line streaming platform noticed its paid subscribers reaching to 260.8 million as of end-2023.
Its per-share earnings got here in at $2.11 in the course of the three months via December 2023, beneath market estimates on account of foreign money alternate charges led noncash loss.
Net earnings hit $937.8 million in October-December 2023, surging from $55.3 million in the identical interval in 2022.
The firm’s fourth quarter income rose 12.5% year-on-year to $8.83 billion, from $7.85 billion.
Netflix revised its 2024 full-year working margin forecast upwards to 24%, from a variety of twenty-two% to 23%.
Source: www.anews.com.tr
