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Netflix Co-CEO Gregory Peters are not worried about the required flow service despite increasing concerns about the economy Entertainment industry proved to be “firm” in hard times.
“We also get some comfort in the fact that the entertainment is very strong in the historically entertaining economic periods,” Peter said in the first quarter of the company. He added that “Netflix, especially in general, and in these harsh times, we did not have any major impact in these rigid periods, which are more than a shorter period.”
He asked if the head of the analysts was questioned Donald Trumps Tariffs can force consumers to reconsider the cost of flow to flow services.
“Historically entertaining economic periods,” Netflix Co-CEO Gregory Engory said. (Courteship of Comcast / Fox News)
Netflix, 70 million monthly active user with ad support
However, Peters said the company’s cheaper valuable advertising plan in the company’s largest markets in the company’s largest markets, “he said.
Netflix’s low-precious, With advertising support that began in late 2022, it proved to be popular among consumers, as it is 55% of new entrances in countries where it exists.
Netflix Quarterly Results Wall Street targets, income defeated Outlook Upbeat
Peters said the company focuses carefully to the “sense of consumer and more economic locations”, but there is nothing important to celebrate.
| Ticker | Safety | Last | Change | Change% |
|---|---|---|---|---|
| Nflx | Netflix Inc. | 973.03 | +11.40 |
+ 1.19% |
Three months ending in March, PETERS said the customer’s storage is “stable and strong”.
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He also added that the company’s latest price changes were in line with expectations and “engagement remains strong and healthy.”
Netflix exceeded Wall Street expectations for quarterly results and offered the Bullish Outlook on Thursday, signaled the confidence in the conditions of economic uncertainty.
Netflix reported According to LSEG, it is $ 10.54 billion for the first quarter for the first quarter, the calculations of past analysts are $ 10.52 billion.
The diluted profit of interest in US dollars over exceeded consensus calculations worth $ 5.71. The company released hits as “ripening” series as “adolescence”, Drama Thruter “Zero Day” and the “growing island” series in the quarter.
From April to June, the company from $ 11.04 billion, above $ 10.90 billion consensus, “primarily managed in membership and higher prices.”
Netflix said that $ 10.54 billion in revenue for the first quarter. (Nikos Pekiaridis / Nurphoto Getty Images / Getty Images)
Netflix has more than 300 million global subscribers. In January, the company reported it added Mark 18.9 million subscribers In the fourth quarter of 2024.
Reuters contributed to this report.
