The NFL and a record-shattering boxing match between Mike Tyson and Jake Paul helped Netflix add 19 million subscribers in its fourth quarter — a new record for the company, surpassing even COVID-era highs — as the streaming giant further cemented its place as the leader in the space.
Netflix now has 302 million subscribers, though going forward Wall Street will have to make its own guesses around sub growth, with the company set to stop providing quarterly updates on subscriber numbers in order to put its focus on its revenue and profit growth. It will continue to report subscriber numbers when certain milestones are hit.
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To that end, Netflix reported $10.2 billion in revenue, and operating income of $2.3 billion, and a margin of 22.2 percent.
The company says that in Q1 2025 it anticipates revenue of $10.4 billion,
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