The UBS Angie Newman Global Wealth Management Manager discusses the market reaction among business tensions and consults customers and investors.
Netflix went beyond Wall Street's expectations for the three -month results, offering an uptrend on Thursday and showing confidence in the economic uncertainty about the president. Donald Trump Irregular tariff programs.
The company's shares in the aftermath of the afternoon with $ 970.10 were flat.
The giant also said that the founder of Ride Hosting has left his post as the chief executive to become a non -executive chair of the board, “part of the natural evolution of our leadership structure and successor planning.”
Netflix 70 million monthly active users in advertising support app
Netflix founder Reed Hastings left his post as Chief Executive to become a non -executive chair. (Michael M. Santiago / Getty Pictures / Giti Pictures)
Netflix reported According to data collected by LSEG, $ 10.54 billion revenue for the first quarter is estimated by past analysts of $ 10.52 billion.
Diluted revenue per share exceeded $ 6.61 from the $ 5.71 consensus estimation. The company has released visits such as the “Teenage” series, the “Zero Day” drum trailer and the “Island Island” series over three months.
| Tick | Security | The last | Change | Changing % |
|---|---|---|---|---|
| Nflx | Netflix Inc. | 973.03 | +11.40 |
+1.19 % |
Looking at the future, the company predicts revenue to $ 11.04 billion for April to June, higher than the $ 10.90 billion analysis consensus, “which is primarily led by higher membership and higher pricing.”
The cinemas, the movie star discourages chaos when showing “Minecraft”
Analysts have made the possibility that Trump's economic policies could lead to a recession that cause consumers to reconsider their current costs.
Netflix reported $ 10.54 billion for the first quarter, and past analysis estimates $ 10.52 billion. (Nikos pekiaridis / nurphoto through Getty Images / Getty Images)
But Netflix is unlikely to pay attention Popular content, Jessica Rif Erlich, a media analyst in the United States, wrote, although some subscribers may trade at a cheaper price.
Consumers went to a low level since its launch in late 2022 with support for Netflix advertising. Netflix said this version of its service is 55 % of its new registrations in the countries available.
Get Fox Business on a move by clicking here
Netflix, with over 300 million global subscribers, is in the current video market. In January, the company reported that in the fourth quarter of 2024 it added a record of 18.9 million subscribers.
During these three months, Netflix refused to disclose subscribers to emphasize other performance criteria, including Income and profit Analysts have said they believe that the slower signals of subscribers' growth are ahead.