Positive
From Yahoo Finance: 2025-04-18 21:54:00
Netflix reported strong first-quarter earnings, showing resilience in the face of economic uncertainty. Co-CEO Greg Peters’ confidence in the company’s ability to weather any downturn sent shares soaring 9% year-to-date. Netflix’s limited advertising exposure further insulates it from economic fluctuations, with analysts predicting significant revenue growth in the coming years.
Key first-quarter numbers include revenue of $10.54 billion, beating estimates, and earnings per share of $6.61. The operating margin was 32%, up from 28% the previous year. Netflix expects 15% revenue growth in the second quarter. The company’s performance and outlook have positioned it as a “recession-resistant” stock.
Read more: Netflix is charging ahead as one of the stock market’s favorite recession plays