secwatch.observer — SEC 8-K summary
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Issuer:     NETFLIX INC (NFLX)
CIK:        0001065280
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0001065280-24-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Netflix Q4 revenue $8.83B (+12.5% YoY), EPS $2.11; paid net adds 13.1M record; raises FY24 op margin guidance to 24%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065280/000106528024000029/0001065280-24-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065280/000106528024000029/nflx-20240123.htm
  HTML page:      https://secwatch.observer/filing/0001065280-24-000029

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