The Net Profit for January-March costs $ 2.89 billion, or $ 6.61 per part, compared to $ 2.33 billion, or $ 5.28 per part, for the same period last year.
The world’s largest streaming service at Netflix Inc. In the first quarter, he increased net profit and income, while income was better than the analysts’ expectations, and the income was at the same time as the forecasts. It was reported in the company’s press release, the media report.
It was noted that the Net Profit in January-March was worth $ 2.89 billion, or $ 6.61 per compared to $ 2.33 billion, or $ 5.28 per part, for a similar period last year.
A Factset Analyst survey predicted a net profit at a level of $ 2.48 billion, or $ 5.67 per part.
The operating profit increased by 27% to $ 3.35 billion with $ 2.63 billion a year before.
The revenue increased by 12.5% to $ 10.54 billion with $ 9.37 billion, which was at the agony level.
Earlier, Netflix reported that he would stop publishing data on the number of subscribers of his service, and that January-March became the first quarter when these data disappeared from reporting. By the end of 2024, Netflix had 301.63 million customers, over the years their number increased by 41.35 million.
In the second quarter, Netflix plans to increase revenue by almost 15% and receive a operational $ 3.675 billion operation. The income forecast for 2025 was confirmed by $ 43.5-44.5 billion.
Remember that Co -Founder of Netflix streaming giant rid gastings has moved $ 2 million with military assistance to Ukraine.
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Source: korrespondent
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