Netflix teases Squid Game Season 2 and posts a massive Q3 earnings beat with $9.56 billion revenue.
Sectors & Industries
October 19, 2024
In Q3 2024, Netflix outperformed expectations, beating earnings per share by 5.32%. They pulled in $9.56 billion in revenue, marking a 16.76% growth year-over-year. Net income surged 44% to $2.15 billion.
The massive success of shows like Squid Game continues, with the first season alone generating an impressive $900 million in profit for Netflix. During Geeked Week 2024, Netflix dropped the first teaser for Squid Game Season 2, set to premiere on December 26. Fans are eagerly awaiting Gi-hun's return alongside the Front Man, with new deadly games and a prize of 45.6 billion won.
This return to the survival game is expected to draw millions of viewers, adding to the platform’s already strong subscriber base. Netflix continues to leverage global content, with Squid Game as a key part of its international strategy.
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