Los Angeles, California – June 12: CEO of Netflix Ted Sarandos is attended by Netflix’s Fyflix event for “Squid Game” at RaleIight Studios Hollywood on June 12, 2022 in Los Angeles, California. (Photo by Charlie Galay/Getti Imachus for Nevlix)
Charlie Gallai Getty Images Entertainment | Gety pictures
Netflix He recorded large profits on Thursday, as revenues grew by 13 % during the first quarter of 2025.
Netflix has better attributed its revenues than expected to the high subscription of implementation and advertising revenues.
In late January, the company increased its prices in all fields, which raised its usual plan to $ 17.99 a month, its advertising plan to $ 7.99, and its excellent plan to $ 24.99.
The report coincides with the first time that the broadcast giant has not revealed the quarterly data because it turns its strategy to focus on other financial revenues and standards as performance indicators.
Netflix profits also come as traditional media companies have been criticized through a turbulent market pushed by President Donald Trump’s policy.
However, Netflix said it continues to expect the entire year revenues ranging between 43.5 billion dollars and 44.5 billion dollars.
“There was no financial change in our total commercial expectations,” the company said in a statement on Thursday.
Netflix shares have gained 4 % in trading on Thursday.
Here’s how the company performs The quarter ended on March 31Compared to the estimates collected by LSEG:
- Arrow’s profits: 6.61 dollars for $ 5.71 expected
- profit: 10.54 billion dollars for 10.52 billion dollars expected
The net income for this period amounted to $ 2.89 billion, or $ 6.61 per share, an increase of 2.33 billion dollars, or $ 5.28 per share, during the same quarter of the previous year.
In the first quarter, revenues jumped about 13 % on an annual basis, reaching $ 10.54 billion.
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