NFLX - 5 Things Smart Investors Learned From Netflix's Record-Breaking Quarter

2024-01-29 05:00:00 ET

Netflix (NASDAQ: NFLX) is the world's largest streaming platform, and that is becoming more evident with each passing quarter. The company just reported its financial results for the fourth quarter of 2023, and it added 13.1 million subscribers, a record for the period.

Data source: Netflix. Chart by Statista.

Netflix now has over 260 million subscribers, which is significantly more than any of its competitors -- it's a whopping 110 million more than Disney 's flagship Disney+ service, which is consistently a top-three streaming provider.

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