LOS GATOS, Calif.—Netflix posted very strong Q2 2024 financials, with global Netflix subs growing 16.5% to 277.65 million, revenue up 17% and operating income spiking up 42% compared to a year earlier. Overall Q2’24 earnings per share was $4.88 vs. $3.29, up 48% YoY with an operating margin of 27% for the quarter.
In the U.S. and Canada paid memberships were up from 82.658 million in Q1 to 84.109 million in Q2 2024. That is significantly more subs than it had in Q2 2023, when it reported 75.571 million paid memberships.
