- Earnings per share: $1.19 vs $1.39 expected
- Revenue: $6.64 billion vs $6.626 billion expected
- Global paid net subscriber additions: 8.5 million vs 6.47 million expected
The company reported it will consider buybacks to return cash to shareholders as it becomes free cash flow positive.
For the full year, NetFlix added a record 37m paid memberships, achieved $25 billion in annual revenue (+24% year over year) and grew operating profit 76% to $4.6 billion. The company has now crossed the 200m paid memberships mark.
Read the full report here: https://s22.q4cdn.com/959853165/files/doc_financials/2020/q4/FINAL-Q420-Shareholder-Letter.pdf