Jeff Sika, the founder of Circle Squared Alternative Investment on whether Netflix is immune from the tariffs for “Warren and the Company”.
Gregory Peters, CEO of Netflix, despite growing concerns about the economy, is not concerned about the current service, Entertainment Industry Has been proven to be “resistant” in hard periods.
“We also feel comfortable with the fact that entertainment has been very resistant in history,” Peters said in the first trimester report. “Netflix is generally completely fully resistant, and we have not seen any major impacts at that difficult times, albeit much shorter in history,” he said.
This is while analysts ask the president? Donald Trump Tariffs can push the United States into the economic recession and force consumers to revise their costs for services.
“We also feel comfortable in the fact that entertainment has been very resistant throughout history,” said Netflix CEO Gregory Peters. (With respect from Comcast / Fox News)
Netflix 70 million monthly active users in advertising support app
However, Peters said that the company's low -cost advertising program starts with $ 7.99, which is available in its biggest markets, “it also gives us more resistance.”
Low Price of NetflixThe ad -support row, which was launched in late 2022, has been proven to be popular with consumers, as it constitutes 55 % of its new registrations in countries available.
Netflix's three -month results broke Wall Street targets, prospects
Peters said the company has paid much attention to “consumer feelings and where the wider economy is moving”, but there is no significant point.
| Tick | Security | The last | Change | Changing % |
|---|---|---|---|---|
| Nflx | Netflix Inc. | 973.03 | +11.40 |
+1.19 % |
At the end of March, Peters said that customer preservation was “strong and strong”.
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He also added that the company's latest price changes were in line with expectations and “a strong and healthy conflict”.
Netflix went beyond Wall Street's expectations for the three -month results, offering an upward output over Thursday and showing confidence in economic uncertainty.
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.
The company has predicted that revenue will rise to $ 11.04 billion for April to June, higher than the $ 10.90 billion analyst's consensus, “which is primarily led by increased membership and higher pricing.”
Netflix reported $ 10.54 billion for the first quarter. (Nikos pekiaridis / nurphoto through Getty Images / Getty Images)
Netflix has more than 300 million global subscribers. In January, the company reported that added Register 18.9 million subscribers In the fourth quarter of 2024.
Reuters was involved in this report.