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Recent Articles

Netflix Reports Q2 2024 Earnings Surge: 8 Million New Subscribers, $9.56 Billion Revenue

Netflix Reports Q2 2024 Earnings Surge: 8 Million New Subscribers, $9.56 Billion Revenue

Broke On: Friday, 19 July 2024 Netflix reported strong Q2 2024 earnings, adding over 8 million new subscribers and reaching $9.56 billion in revenue, up 16.8% YoY. Hit shows like Bridgerton drove growth, while page sharing and service improvements also contributed. Despite missing Wall Street's revenue outlook, Netflix raised its full-year growth projection to 14-15%. The company also secured NFL streaming rights for Christmas Day.