Netflix Blows Past Q4 Subscriber Targets, Topping 260M

Netflix added a far-better-than-expected 13 million subscribers to reach 260.3 million globally as of the end of 2023. The company missed earnings per share forecasts and barely edged Wall Street expectations for total revenue as it faced tricky comparisons with the year-ago quarter and continued impact from a recent price increase. Wall Street analysts had predicted the company would add between 8 million and 9 million subscribers in the period. Their consensus called for revenue of $8.71 billion and EPS ...