Netflix Q2 Global Streaming Paid Memberships Up 16.5% YoY
Portfolio Pulse from Benzinga Newsdesk
Netflix reported a 16.5% year-over-year increase in global streaming paid memberships for Q2.
July 18, 2024 | 8:04 pm
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Netflix reported a 16.5% year-over-year increase in global streaming paid memberships for Q2, indicating strong growth in its subscriber base.
The significant increase in paid memberships suggests strong demand for Netflix's streaming services, which is likely to positively impact its revenue and stock price in the short term.
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