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Thursday, April 17, 2025

Netflix quarterly result beats Wall Street expectations despite Trump tariff’s pall

Streaming firm reported a $10.54bn revenue in first quarter, though analysts say consumers could reconsider spending

Netflix exceeded Wall Street expectations for quarterly results and offered a bullish revenue outlook on Thursday, signaling confidence amid the economic uncertainty surrounding Donald Trump’s erratic tariff plans.

Netflix reported revenue of $10.54bn for the first quarter, edging past analysts’ estimates of $10.52bn, according to data compiled by the London Stock Exchange Group (LSEG). Shares of the company were roughly flat in after-hours trading at $970.10.

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source https://www.theguardian.com/technology/2025/apr/17/netflix-q1-revenue

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