Netflix Q4 Earnings Beat, Revenues Rise Y/Y on Subscriber Gain

Netflix (NFLX) shares jumped more than 14% in pre-market trading after the company reported fourth-quarter 2024 earnings of $4.27 per share, which beat the Zacks Consensus Estimate by 1.67%. The figure jumped 102.4% from the year-ago quarter.Revenues of $10.24 billion increased 16% year over year and beat the consensus mark by 1.29%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company has maintained healthy engagement levels in the fourth quarter, with about two hours of view ...