Netflix, Inc. reported its financial results for the third quarter ended September 30, 2024, on October 17, 2024. The company announced a 15% year-over-year revenue growth and a 30% operating margin, an improvement from 22% the previous year. Netflix highlighted a series of successful content releases, including 'The Perfect Couple' and 'Tokyo Swindlers', and noted an increase in engagement and view hours per member. The company is also expanding its advertising business, with ads membership growing by 35% quarter over quarter. Looking forward, Netflix expects to finish the year strong with anticipated releases like 'Squid Game S2' and live NFL games on Christmas Day. For the full year 2024, Netflix forecasts a 15% revenue growth and a 27% operating margin. The company's focus for 2025 includes improving service aspects and continuing revenue and profit growth.

Netflix, Inc. reported its financial results for the third quarter ended September 30, 2024, on October 17, 2024. The company announced a 15% year-over-year revenue growth and a 30% operating margin, an improvement from 22% the previous year. Netflix highlighted a series of successful content releases, including 'The Perfect Couple' and 'Tokyo Swindlers', and noted an increase in engagement and view hours per member. The company is also expanding its advertising business, with ads membership growing by 35% quarter over quarter. Looking forward, Netflix expects to finish the year strong with anticipated releases like 'Squid Game S2' and live NFL games on Christmas Day. For the full year 2024, Netflix forecasts a 15% revenue growth and a 27% operating margin. The company's focus for 2025 includes improving service aspects and continuing revenue and profit growth.