Yahoo Finance
January 21, 2025 at 09:20 PM
Netflix stock jumped over 10% in after-hours trading Tuesday after the streaming giant reported a whopping 18.9 million users in the fourth quarter while revenue and earnings also handily beat expectations.
The company also announced a $15 billion stock buyback and boosted its full-year revenue outlook. Netflix now projects 2025 revenue between $43.5 billion to $44.5 billion, ahead of the prior $43 billion to $44 billion range.
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