Netflix Inc. (NASDAQ:NFLX) reported stronger-than-expected fourth-quarter financial results on Tuesday.

Netflix reported fourth-quarter revenue of $10.25 billion, up 16% year-over-year. The revenue total beat a Street consensus estimate of $10.11 billion according to data from Benzinga Pro.

The company reported earnings per share of $4.27 for the quarter, beating a Street consensus estimate of $4.19.

Netflix reported it added 18.91 million paid subscribers in the fiscal quarter, up 15.9% year-over-year.

Netflix is guiding for first-quarter revenue to be $10.42 billion, which would be up 11.2% year-over-year. The company is guiding for operating income of $2.94 billion in the first quarter and earnings per share of $5.58.

Full-year guidance for revenue in 2025 is now listed as a range of $43.5 billion to $44.5 billion, up $0.5 billion from the company’s previous range. This guidance represents year-over-year revenue growth of 12% to 14%.

Netflix shares gained 1.4% to close at $869.68 on Tuesday.

These analysts made changes to their price targets on Netflix following earnings announcement.

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