Netflix stock rises after earnings, outlook top Wall Street forecasts

From Yahoo Finance: 2025-04-17 16:21:00

Netflix stock surged in after-hours trading after beating Q1 earnings expectations. Revenue was $10.54 billion, up 13% YoY, exceeding analyst estimates. EPS of $6.61 also beat expectations. Q2 revenue guidance of $11.04 billion surpassed Wall Street expectations. The company reiterated full-year revenue guidance of $43.5-$44.5 billion with a 29% operating margin.

Netflix is in a strong position among Big Tech amid economic uncertainty. Its stock is up 9.2% YTD, outperforming peers like Apple, Amazon, and Alphabet. The company reported Q1 earnings without subscriber numbers to focus on engagement and growth. It aims to double revenue by 2030 and reach a $1 trillion valuation.

Password-sharing crackdowns aided subscriber figures. The company raised subscription prices in the US and announced a price hike in France. Former CEO Reed Hastings transitioned to chairman and non-executive director. The company expects subscriber upside from content slate and ad tier.



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