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What will Netflix's total subscriber count be by the end of 2024?
5
Resolution / Starting Odds
Below 280 million • 25%
280 million to 290 million • 25%
290 million to 300 million • 25%
Above 300 million • 25%
Netflix's end of year 2024 financial statements or reports
Story
Netflix Q1 Earnings: EPS $5.28, Adds 9.33M Subscribers; To End Quarterly Reports
Apr 18, 2024, 09:30 PM
Netflix reported a significant beat on its first-quarter earnings for 2024, with earnings per share (EPS) at $5.28, surpassing the expected $4.52. The company's revenue reached $9.37 billion, exceeding forecasts of $9.26 billion. This performance was bolstered by an impressive increase in subscribers, with 9.33 million new customers added, nearly doubling the anticipated 4.84 million. Netflix now has a total of 270 million subscribers. Additionally, Netflix announced it will cease reporting quarterly subscriber numbers starting in 2025, shifting focus from subscriber metrics to other business aspects. For the second quarter, Netflix forecasts an EPS of $4.68 and expects revenue to be around $9.49 billion.
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250-270 million • 25%
271-290 million • 25%
291-310 million • 25%
More than 310 million • 25%
Less than 5 million new subscribers • 25%
5 million to 10 million new subscribers • 25%
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More than 15 million new subscribers • 25%
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Increase • 33%
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