In Q2, Netflix added 8.05 million net paid customers in Q2, bringing its global base to 277.65 million. For the July-September quarter, the company reported revenue of $9.56 billion (up 17%) and net income of $2.15 billion (versus $1.49 billion a year ago), translating to earnings per share of $4.88.

Netflix shares popped 2.4% in after-hours trading on Thursday as the streamer beat Wall Street expectations for its third quarter of 2024, with its profits surging 41% year over year to $2.36 billion and revenue up 15% to $9.83 billion. Net income: $2.36 billion, up 41% year over year, compared to $1.68 billion a year ago.

Netflix reported its third-quarter earnings Thursday, adding 5 million subscribers as its status as subscription streaming TV’s dominant platform remains unchallenged.