Netflix Crushed Q4 Thanks To Sports, Squid Game, Says Gary Black: Analyst Highlights Low Attrition Despite Price Hikes, Predicts Stock Upside

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What Happened: The Future Fund LLC managing partner took to X on Wednesday and highlighted Netflix's ability to attract massive audiences with its live sports and entertainment offerings.“$NFLX (+10.5% AH) crushed 4Q net streaming adds (+18.9M vs +9.2M est) behind the strength of live sports and Squid Games 2,” he stated.$NFLX (+10.5% AH) crushed 4Q net streaming adds (+18.9M vs +9.2M est) behind the strength of live sports and Squid Games 2.2025/1Q Rev and EPS guides light vs ests.4Q:– Revs $10.25B vs $10.11B est– EPS $4.27 vs $4.18 est– Paid members 301.6M vs 290.9M1Q guide:– Rev…

— Gary Black (@garyblack00) January 21, 2025 See Also: Gary Black Questions Elon Musk’s Take On EV Credit Removal After Tesla Sales Drop In Europe: ‘Not Sure How The Math Works’

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Author / Journalist: Ananya Gairola

Category: Technology

Markets: United States

Topics: US64110L1061 Price hike Tech DIS Stories That Matter PARA US2546871060 CMCSA Entertainment Benzinga NFLX Gary Black News US20030N1019 Markets Benzinga neuro

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-23 @ 02:31:19 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 527 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 25354122

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