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Netflix: raises targets for 2025

(CercleFinance.com) - At its quarterly earnings call on Tuesday evening, Netflix announced that it has raised its operating margin forecast for 2025 by one point, to 29%, also increasing its annual revenue target range by $0.
5bn, to between $43.5bn and $44.5bn. NB: stock price in after hours exchanges: +14.4%.

The video streaming platform reported a doubling (+102%) of its EPS to $4.27 for Q4 2024, with its operating margin improving over five points to 22.2%, ahead of its forecast.

Netflix also exceeded its revenue expectations, with revenues up 16% (+19% excluding currency effects) to over $10.2bn, driven by 15% growth in average paid subscriptions and better-than-expected advertising sales.


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