Netflix Q4: paid subscribers cross 325 million
Netflix posted revenue of $12.1 billion for the October-to-December period, exceeding the projected $11.97 billion.
Pitch Feature
Netflix surpassed Wall Street expectations for revenue and earnings in its holiday quarter on Tuesday, though its shares dropped more than 4% in after-hours trading.
The results came shortly after the company revised its $82.7 billion merger agreement with Warner Bros.
Netflix posted revenue of $12.1 billion for the October-to-December period, exceeding the projected $11.97 billion.
The streaming giant also reported crossing 325 million paid subscribers during the quarter, up from 300 million at the end of 2024.
Co-CEO Ted Sarandos noted that Netflix plans to invest in expanding its live events offerings.
