Netflix Increases Subscription Prices in Four Countries Following Record Subscriber Growth
- Netflix reported fourth-quarter earnings of $4.27 per share on revenue of $10.25 billion, exceeding LSEG estimates of $4.20 on $10.11 billion in revenue.
- Netflix's paid memberships increased by a record 19 million, bringing the total to over 300 million subscribers.
- Netflix announced price increases for subscriptions in the United States, Canada, Portugal, and Argentina, with changes taking effect in the next billing cycle.
- Analysts are generally bullish on Netflix, with 32 of 48 who cover the stock rating it a buy or strong buy.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left19Leaning Right6Center20Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
45% Center
L 42%
C 45%
13%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
