US Stock Market Move | Q4 revenue exceeds expectations, Netflix (NFLX.US) surges more than 14% in pre-market trading.

On Wednesday, Netflix (NFLX.US) surged more than 14% in pre-market trading to $997.99. In terms of news, Netflix announced that its fourth quarter revenue increased by 16% year-on-year to $10.25 billion, surpassing analysts' expectations of $10.11 billion; diluted earnings per share were $4.27, double the $2.11 from the same period last year and higher than analysts' expectations of $4.20. The company added nearly 19 million paid subscribers in the quarter, setting a new record for the quarter, bringing the total number of members to over 300 million at 302 million, surpassing analysts' expectations of 291 million. For 2025, Netflix expects revenue to be between $43.5 billion and $44.5 billion, with an operating profit margin of 29%, both higher than analysts' expectations and the company's previous forecasts. Additionally, the board approved an additional $15 billion for share repurchases.