Netflix says its subscriber growth slowed dramatically during the summer, a sign that the huge gains from the video-streaming service’s crackdown on freeloading viewers is tapering off.

Netflix's (NFLX) latest earnings report for 2024 suggests reasons for optimism in its upcoming third-quarter earnings. The company last reported earnings per share (EPS) of $4.88, reflecting a yearly 48% increase while beating analysts' expectations of $4.

Revenue and operating margins continued to improve in the third quarter as subscriber growth slowed, a sign of the company’s success in pivoting toward prioritizing profitability over growth.

Evercore ISI analyst Mark Mahaney forecast a Netflix price hike "in the next 3-9 months." A Netflix spokesperson did not

Netflix is starting to raise prices in some countries, as growth spurred by its crackdown on password sharing starts to fade. The company told investors on Thursday that it was "working to improve our monetization by refining our plans and pricing" and had already increased prices over the last month.

The question of whether the company plans to up the prices of its streaming subscriptions in the future has been raised yet again as Netflix’s soon-to-be-released third-quarter results approach.