secwatch.observer — SEC 8-K summary
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Issuer:     NETFLIX INC (NFLX)
CIK:        0001065280
Form:       8-K
Filed at:   2024-10-17T23:59:59+00:00
Accession:  0001065280-24-000286
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065280/000106528024000286/0001065280-24-000286-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065280/000106528024000286/nflx-20241017.htm
  HTML page:      https://secwatch.observer/filing/0001065280-24-000286

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