US EditionNetflix added a record 19 million subscribers in holiday quarter
- Netflix added nearly 19 million subscribers during the holiday quarter, reaching a total of over 300 million worldwide subscribers.
- The company will raise prices in the U.S., Canada, Portugal, and Argentina, with the ad-supported tier increasing from $6.99 to $7.99 per month.
- Netflix's revenue climbed 16% to over $10 billion, with operating income of $2.3 billion, as reported in its latest earnings announcement.
- Ted Sarandos, Netflix's co-CEO, stated that the price hike is necessary for continued investment in new programming and service improvements.
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Netflix shares hit record as subscriber growth defies odds | Honolulu Star-Advertiser
Shares of Netflix soared 13% to an all-time high today after the streaming giant’s big bet on sports helped add a record 18.9 million subscribers in the holiday quarter, ballooning its already sizeable advantage over other players.
Netflix Stock Soars to New All-Time High as Wall Street Celebrates Blockbuster Q4 Earnings Report
Netflix shares soared to a new all-time high of $999 per share on Wednesday after a blockbuster fourth quarter earnings report that included a record-breaking 18.9 million subscriber adds — nearly double Wall Street’s consensus estimates — for a total of 301.6 million globally and new price hikes on some of its plans. It also raised its outlook for revenue and its operating margin for 2025. The stock, which opened the session at $998.02 per shar…
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