From Yahoo Finance: 2025-04-17 17:03:00

Netflix exceeded analyst expectations in the first quarter, showcasing continued growth with $2.9 billion in earnings, a 24% increase from last year. Despite fears of an economic downturn due to Trump’s trade war, Netflix remains stable with a 9% stock price increase in 2019, standing out in a volatile tech market.

The company’s low-cost option at $8 per month may help retain subscribers if economic conditions worsen. Netflix is confident in its future, reaffirming an annual revenue prediction of $44 billion, up 13% from 2024. In uncertain times, home entertainment value becomes crucial to consumer households, according to Netflix co-CEO Ted Sarandos.

Read more: Netflix’s first quarter builds on recent momentum as trade war drags down other tech companies