Netflix Q3 revenue $9.83B (+15% YoY), EPS $5.40; raises FY24 operating margin guidance to 27%

NETFLIX INC

2024-Q3 EPS reported $15.56 revenue$28,754,453,000

Revenue $9.825B (+15% YoY), operating margin 30% vs 22% in Q3'23; net income $2.364B.
Diluted EPS $5.40 vs $3.73 (+45% YoY); paid net adds 5.07M; global members 282.72M.
Q4 revenue forecast $10.128B (+14.7% YoY); FY24 revenue growth at high end of 14-15% range.
FY24 operating margin guidance raised to 27% from 26%; FY25 revenue forecast $43-44B.
Ads plan membership up 35% QoQ, over 50% of sign-ups in ads countries; upfront ad sales commitments +150%.

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