Los Angeles, California – June 12: CEO of Netflix Ted Sarandos attends the Netflix Fysee event for “Squid Game” in Raleigh Studios Hollywood on June 12, 2022 in Los Angeles, California. (Photo by Charley Gallay/Getty Images for Netflix)
Charley Gallay | Getty Images Entertainment | Getty images
Netflix He registered an important profit rate on Thursday, since income grew by 13% during the first quarter of 2025.
The transmission giant reported revenues of $ 10.54 billion for the first quarter, more than Wall Street estimates of $ 10.52 billion, according to the data compiled by LSE. The profits diluted per share of $ 6,61 exceeded the estimates of $ 5.71.
Netflix pointed out that their best income was due to the subscription and the highest advertising income than forre them. The company increased its price in all areas at the end of January, raising its standard plan from $ 15.49 per month to $ 17.99; increasing its plan announced by ads from $ 6.99 per month to $ 7.99; and increasing its premium plan from $ 22.99 to $ 24.99.
Here are the results:
- Profit per action: $ 6.61 vs $ 5.71 expected, according to LSE
- Revenue: $ 10.54 billion vs $ 10.52 billion expected, according to LSE
The report marks the first time that the transmission giant did not reveal data from quarterly subscribers, since it changes its strategy to focus on income and other financial metrics such as performance indicators.
Netflix profits also occur since the actions of traditional media companies have been criticized by a tumultuous market caused by the commercial policy of President Donald Trump.
“There has been no material change in our general commercial perspective,” the company said in a statement on Thursday.
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