The Netflix park increased more than 4% in the post -market trade on Thursday after the first quarter of the recreational revenue exceeded Wall Street's expectations and the company emphasized its excellent business forecast despite historical under consumer confidence.
In the release of its revenue on Thursday, the company said “Our revenue and the profitability of the growth still, without a change to our 2025 manual forecast for revenue.”
Netflix confidence can inspire other investors, who have been pushing several shares, especially in retail markets and clothingDespite the economic uncertainty imposed by Chinese trade war.
For a quarter, Netflix struck the analyst's expectations on revenue and profits. Revenue was a total of $ 10.54 billion compared to an estimate of $ 10.51 billion, while the revenue per $ 6.61 cost the analyst's estimate of $ 5.71.
The revenue release showed the first time Netflix did not report the quarterly registrar's numbers – a decision stated earlier last year by stating that the registrar's numbers do not tell the most important story about the business, which now has a variety of productivity from the growing advertising business.
Wall Street magazine It recently reported that the company is still confident in a five -year plan to increase its market to $ 1 trillion. Along the way, the company expects Increasing its revenue twice and three times its revenue to work by 2030. The transmission service also intends to promote its advertising business up to $ 9 billion annually at the same time.
The company's contents in the first quarter were led by resorts hit adolescence, which Netflix says is its third column to watch the English language at all times.
In its last quarter of reporting the growth of the registrar in Q4, Netflix said it has increased more than 18.9 million members around the world. The company also announced at the time that its normal plan would increase to $ 17.99 per month.
Netflix's Own version of Amazon Flywheel It continues to rotate and, at least to date, a possible economic problem has not stopped.
This story was previously shown Bahati.com