Jennifer Maas TV Business Writer Netflix added 5.1 million paid subscribers to reach 282.72 million globally in the third quarter of 2024.
That marks year-over-year growth of more than 14%. The third-quarter subscriber and financial results for the industry’s No.
1 streamer ended up besting analysts’ estimates in every key metric. Wall Street forecast earnings per share (EPS) of $5.12 on $9.77 billion in revenue for the July-September quarter, according to analyst consensus data provided by LSEG, formerly Refinitiv.
Netflix reported adjusted EPS of $5.40, net income of $2.4 billion, on $9.83 billion in revenue. Revenue was up 15% from Q3 of 2023.
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