Netflix rises on report it is planning to double revenue by 2030
ReutersApr 15, 2025 3:02 PM
Shares of streaming giant Netflix NFLX.O rise 5.4% to $981.70
NFLX aims to double revenue from $39 billion last year and earn about $9 billion in global ad sales by 2030, the Wall Street Journal reported on Monday, citing people familiar with the matter
NFLX executives also have a goal of tripling co's operating income by 2030 from $10 bln last year, the report added
Up to last close, stock had risen 4.5% YTD
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