earnings
confidence high
sentiment positive
materiality 0.85
Netflix Q4 revenue $8.83B (+12.5% YoY), EPS $2.11; paid net adds 13.1M record; raises FY24 op margin guidance to 24%
NETFLIX INC
2023-FY EPS reported
$12.03
revenue$33,723,297,000
- Q4 revenue $8.83B (+12.5% YoY, 13% F/X neutral); GAAP EPS $2.11; operating margin 16.9% (forecast 13%).
- Paid net additions of 13.12M in Q4 (record); total global members 260.28M (+12.8% YoY).
- Full year 2023: revenue growth 12%, operating margin 21% (ahead of 18-20% target), FCF $6.9B.
- FY24 operating margin guidance raised to 24% (from 22-23%); Q1'24 revenue forecast $9.24B (+13.2%).
- WWE Raw to stream live on Netflix from Jan 2025 in US, Canada, UK, Latin America; ads plan now 40% of new sign-ups.