Netflix's Remarkable Q4 Performance
In an impressive display of growth, Netflix Inc. reported a significant 16% increase in revenue, reaching $10.2 billion in the fourth quarter of fiscal 2024. This achievement not only surpassed analysts' predictions but also highlighted the streaming giant's expanding global footprint.
Subscriber Growth Soars
The company's strategic initiatives paid off, adding 19 million paid net subscribers during this period. This surge brought the total number of Netflix subscribers to a staggering 302 million, marking a new milestone in the company's history.
Stay tuned for more updates on Netflix's journey and its impact on the entertainment industry.
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