The company said revenue for Q3 grew 15% year over year, and its operating margin was 30%, compared with 22% a year earlier. Operating income for Q3 rose 52% from a year earlier to $2.9B.

1. 01

   The company said revenue for Q3 grew 15% year over year, and its operating margin was 30%, compared with 22% a year earlier. Operating income for Q3 rose 52% from a year earlier to $2.9B.

2. 02

   The company said paid net additions for Q3 were 5.1 versus 8.8 in Q3. Revenue growth by region was APAC +19%, EMEA +16%, UCAN +16% and LATAM +9%, and LATAM paid net adds were -0.1.

3. 03

   Netflix said operating cash flow for Q3 was $2.3B and free cash flow was $2.2B. In Q3 it repurchased 2.6 shares for $1.7B and raised $1.8B in its first investment-grade bond deal. Net debt fell from $7.4B at the end of Q2 to $6.8B at the end of Q3.

4. 04

   The company said it expects full-year 2024 revenue growth of 15% and an operating margin of 27%, up from 26% previously. It also gave guidance for Q4 revenue growth of 15% and an operating margin of 22%, and said it is targeting $43B to $44B in revenue and an operating margin of 28% for 2025.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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