Netflix reports, first quarter profit reports Fox’s work

Netflix exceeded Wall Street’s expectations to obtain a quarterly results and offered a look at the upcoming revenue on Thursday, indicating confidence amid the economic uncertainty surrounding the president Donald Trump Irregular tariff plans.

The shares of the company were almost flat in post -business trading at $ 970.10.

The broadcast giant also said that his co -founder, Red Himingz, had left his position as CEO to become the non -executive chairman, “part of the natural development of our leadership structure and the planning of the caliphate.”

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NETFLIX mentioned Revenue of 10.54 billion dollars for the first quarter, increasing from the estimates of analysts of $ 10.52 billion, according to the data collected by LSEG.

Lowering profits per share of $ 6.61 exceeded $ 5.71. The company has released successes such as the Movence and Drama Thrio Day series and the non -encrypted “Temptation Island” series during the quarter.

index	protection	last	Changing	% Change
Nflx	Netflix Inc.	973.03	+11.40	+1.19 %

Looking forward, the expected company will increase its revenues to $ 11.04 billion for April to June, above the consensus of the analysts of $ 10.90 billion, “driven primarily due to the growth of membership and high prices.”

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Analysts have sparked the possibility that Trump’s economic policies will lead to a stagnation that causes consumers to reconsider their flowing spending.

But Netflix is ​​unlikely to see a “wave of mix”, given its strong location in the market and Popular content, Jessica Reef Erlich, Bank of America analyst, wrote to the media, although some subscribers who realize that they may trade to the level of cheaper prices.

Consumers have flocked to the low -price layer supported by Netflix since its launch in late 2022. Netflix said this version of his service represents 55 % of its new records in the countries where it is available.

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Netflix dominates the videos flowing with more than 300 million global subscribers. In January, the company stated that it added a record 18.9 million subscribers in the fourth quarter of 2024.

In this quarter, Netflix refused to reveal the numbers of subscribers in order to emphasize other performance standards, including Revenue and profit. Analysts said they believe that change indicates the slowest growth in the future.