Netflix Surpasses Market Forecasts with Strong Quarterly Earnings

The American streaming service Netflix exceeded market expectations in its latest quarterly report.

» Published: April 17 2025

Netflix Surpasses Market Forecasts with Strong Quarterly Earnings
Photo: Richard Drew/AP/TT

The profit per share amounted to 6.61 dollars, compared to the analysts' average forecast of 5.68 dollars. The profit thus increased by 25 percent compared to the corresponding quarter last year.

The turnover increased by 13 percent for the quarter to 10.5 billion dollars, equivalent to approximately 103 billion kronor, slightly above the average forecast.

It was the first time Netflix reported an interim result without mentioning the development of the number of subscribers. The strategy is instead, according to the company, to focus on key figures such as turnover and profit.

The Netflix share has this year been an exception among entertainment companies – many of them have struggled lately. And last year, Netflix rose 83 percent.

In Thursday's after-hours trading on the New York Stock Exchange, the share rose by more than 4 percent.

Loading related articles...

Tags

TTT
By TTTranslated and adapted by Sweden Herald
Loading related posts...