Netflix exceeded Wall Street’s expectations in its quarterly results and offered an optimistic perspective on revenue on Thursday (17), indicating confidence in economic uncertainty about US President Donald Trump.
giant Running He also said that his co -founder, Red Hastings, became a non -executive president of the council as “part of the natural development of the leadership structure and the caliphate planning.”
Netflix 10.54 billion dollars in the first quarter, exceeding a little of the analysts estimated at $ 10.52 billion, according to the data collected by LSEG.
The profit reduced to the share of $ 6.61 exceeded the unanimity estimates of $ 5.71. During the quarter, the company launched successes such as “Teenage” miniatures And the dramatic excitement “The Day of Zero”.
Looking at the future, the company designed that its revenues will grow to $ 11.04 billion from April to June, above the consensus of $ 10.9 billion, “mainly driven by growth in the number of members and high prices.”
Analysts have sparked the possibility that Trump’s economic policies will lead to a stagnation that causes consumers to reconsider their spending Running.
But NETFLIX is unlikely to see a “wave of rotation”, given its strong location in the market and its famous content, Jessica Reif Ehrich, Media Bank of America, although some of the costs associated with costs can change their signature to a cheaper version.
Since the launch of the company in 2022, Your most economical signature with advertising supportConsumers immigrated to this option. Netflix said this version of its service represents 55 % of its new signatures in the countries where it is available.
Netflix dominates Running Video with more than 300 million subscribers around the world. In January, the company said it added in the fourth quarter of 2024 a A record number of 18.9 million subscribers.
In this quarter, Netflix refused to reveal subscribers numbers to emphasize other performance standards such as revenue and profit. Analysts believe that change indicates a slower future growth in the number of subscribers.
