Netflix reported stronger-than-expected earnings, with revenue growth driven by increased subscription and advertising income. The streaming giant credited both areas for outperforming internal forecasts. Netflix omitted quarterly subscriber data for the first time, shifting its focus to revenue and other financial metrics as key performance indicators. The earnings report came amid a volatile market that has hurt traditional media stocks due to Trump’s trade policy. The company maintained its full-year revenue forecast despite broader uncertainty.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Netflix reported stronger than expected earnings with revenue growth driven by
00:05increased subscription and advertising income. The streaming giant credited both areas for
00:10outperforming internal forecasts. Netflix admitted quarterly subscriber data for the first time,
00:15shifting its focus to revenue and other financial metrics as key performance indicators.
00:20The earnings report came amid a volatile market that has hurt traditional media
00:24stocks due to Trump's trade policy. The company maintained its full year revenue forecast
00:30despite broader uncertainty. For all things money, visit Benzinga.com slash GSTV.