Netflix co-CEO Ted Sarandos participated in Netflix’s festa event on June 12, 2022 for “Squed Games” at Rale Studio Hollywood at Los Angeles.
Charlie Galle | Getty Image Entertainment | Getty images
Netflix Revenue increased by 13% during the first quarter of 2025, a major earning on Thursday.
Streammer attributed its better-and-additional revenue to high-to-forward membership and advertising dollars.
In the end of January, The company increased its price Across the board, to increase its standard plan by $ 17.99 per month, its advertising plan to $ 7.99, and its premium plan to $ 24.99.
The report first stated that the streaming giants did not disclose quarterly customer data, as it transferred its strategy to focus on revenue and other financial matrix as a performance indicator.
Netflix also earns earnings as traditional media shares have been slammed by a market inspired by President Donald Trump’s trade policy.
However, Netflix said The forecast continues Full-year revenue between $ 43.5 billion and $ 44.5 billion.
The company said in a statement on Thursday, “There has been no physical change in our overall business approach.”
As investors worry about the potential impact of tariffs on consumer expenses and confidence, Netflix co-CEO Greg Peters said on the company’s earnings call, “We are really looking at the business right now, on the basis that there is nothing important to really pay attention.”
“We also take some comfort that entertainment has been very flexible in historically difficult economic time. Netflix, in particular, has usually been quite flexible. We have not seen any major impact during those difficult times, on very little history,” Peters said.
Netflix shares increased by about 2% in extended trading on Thursday.
Here is how the company performed Quarter ends on 31 MarchCompared with projections compiled by LSEG:
- earnings per share: $ 6.61 vs $ 5.71 expected
- Income: $ 10.54 billion vs $ 10.52 billion is expected
A year ago during the same quarter, the net income for this period was $ 2.89 billion, or $ 6.61 per share, $ 2.33 billion or $ 5.28 per share.
Revenue jumped in about 13% year in the first quarter, reaching $ 10.54 billion.
Netflix is bending over advertising as it wants to soften the slow customer development. “An important focus in 2025 is increasing our abilities for advertisers,” it said.
The company launched its in-house advertising take platform in the US in early April, placing to expand other markets in the coming months.
“We believe that our advertising technology platform is fundamental to the strategy of our long -term advertisements,” the company said. “Over time, it will enable us to offer better measurements, enhanced targeting, innovative advertising format and extended programmatic abilities.”
