Netflix shares powered higher into the close of Friday trading, notching their biggest single-day gain in a year, following a solid set of third quarter earnings and a host of Wall Street price target changes for streaming media giant.

Netflix delivered strong 3Q FY2024 earnings, beating revenue and non-GAAP EPS estimates. See why NFLX stock is a Hold.

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Streaming video giant Netflix (NASDAQ: NFLX) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 15% year on year to $9.82 billion. The company expects next quarter’s revenue to be around $10.

Netflix is trading higher today after it beat both revenue and EPS estimates while its net subscriber count was in line with estimates.

Vice President, Finance, Investor Relations, and Corporate Development Good afternoon, and welcome to the Netflix Q3 2024 Earnings Interview. I'm Spencer Wang, VP of finance, IR and corporate development.

Netflix (NFLX) is out with its earnings for Q3 2024, and it shows a beat on revenue and EPS expectations. In addition to hitting these figures, the company’s subscriber account is slightly higher than predicted.

Netflix NFLX has once again proven its mettle in the streaming wars, delivering a stellar third-quarter 2024 performance that cements its position as the industry leader. The company's impressive earnings beat and raised guidance make it a compelling case for investors looking to capitalize on the growing digital entertainment market.