Netflix maintained its 2025 guidelines. There is hunting

Photo of author

By [email protected]


Greg Peters, participating in Netflix, talks in a major speech about the future of entertainment at the Mobile World Congress 2023 conference.

Joan Cross Norfuto Gety pictures

Netflix On Thursday, executives sent that everything is fine while working in the face of economic turmoil. But her look throughout the whole year tells a little more accurate story.

Netflix published a big rhythm On the margins of operation for the first quarter, a 31.7 % report compared to the average estimate of 28.5 %, according to the street account. I headed much higher than analysts for the second quarter – 33.3 % compared to an average estimation of 30 %.

With its own formulation, Netflix was “ahead” from its own directions for the first quarter, “tracking above the middle of our 2025 revenue point.”

However, Netflix refused to change any of his long -term expectations. This indicates that Netflix is ​​not completely confident in the second half.

“There has been no physical change in our total work expectations since the last profit report,” Netflix wrote in its quarterly observation of the shareholders.

American consumer feelings are similar to the second lowest level since 1952, as Royle’s new policies were for President Donald Trump.

Co-CEO GREG PEERS at the company’s assets conference by Netflix, in the past, noticed “generally flexible” to the economic slowdown. Home Entertainment provides cheaper form of entertainment than most other activities. It costs the monthly Netflix subscription with ads with $ 7.99.

But the question remains how – or whether – the economic slowdown will disclose the governors of the Americans and be forced to increase the contributions between the flow.

Netflix has stopped reporting the quarterly subscriber numbers in this quarter, and therefore the company will not likely be the details of whether it has seen a slowdown in the customer later this year along with reporting its revenues and basic profit.

The revenues of the first quarter of $ 10.5 billion were almost in line with the expectations of analysts, while the guidance in the second quarter of $ 11 billion is slightly higher.

“Keep, this is stable and strong. We haven’t seen anything important in the plan or plan takes a rate,” Peters said. “Things in general look stable.”



https://image.cnbcfm.com/api/v1/image/107204900-1678266204057-gettyimages-1247573700-cros-notitle230228_np9yO.jpeg?v=1744923910&w=1920&h=1080

Source link

Leave a Comment