Netflix Forecasts 11% Increase in Revenue to at Least $43 Billion USD

Netflix has exceeded expectations for Q3 2024 and its results have helped to forecast an uptick in revenue next year. Variety reported on the Q3 2024 results that beat analyst forecasts, which saw the streaming giant add 5.1 million paid subscribers to a global number of 282.72 million in the third quarter of 2024. The increase marks a 14% year-over-year growth. According to analyst consensus data provided by LSEG, Wall Street forecasted earnings per share of $5.12 USD on $9.77 billion USD in re...