Washington:
Netflix on Thursday reported a quarterly earnings compared to analysts, saying that it is focusing on what it can control because the overall economy is a relative by the trade war of US President Donald Trump.
Streaming television service declared itself “for a good start in 2025” in the first quarter of the year with a profit of $ 2.9 billion at a revenue of $ 2.9 billion.
According to Netflix, with the time of some expenses, the revenue for high membership and advertising income increased.
The shares of the Silicon Valley-based company contained about three percent of the trades after the market.
Ross Bans, senior analyst at the buildingcaters, said, “Way-way-y-way-way-way tariff positions are destruction for many industries and will make entertainment more expensive.”
“But Netflix is ready to withstand better stress than most of its contestants, at least, due to its low dependence on AD revenue and its favorable cancellation rates compared to its peers.”
Netflix is paying full attention to the consumer spirit and the direction of the comprehensive economy, co-intended executive officer Greg Peters told financial analysts on an earning call.
“We are focused on things we can control, and improve the value of Netflix,” said co-chief’s executive executive Ted Sarandos.
“Historically, in hard economies, home entertainment value is actually important for consumer homes.”
Netflix spends most of its own on materials in the United States, but according to Sarandos, produces original shows or films in some 50 countries.
– Live Programming and Games –
Earlier this year, Netflix increased prices in Argentina, Canada, Portugal and the United States.
In a bid to promote sputtering growth, the company began an advertising-Sabsidi offering around the same time at the end of 2023, which was in the form of a crack on sharing passwords.
Netflix is constantly improving its advertising platform as the audience turns into streaming shows on traditional television demand.
Netflix said in a letter to the shareholders, “We are executing our 2025 priorities: improving our series and film offers and increasing the business of our advertisements; developing new initiatives such as live programming and game and maintaining healthy revenue and profit growth,” Netflix said in a letter to shareholders.
Netflix estimated a revenue growth of 15 percent in the current quarter, creating its lineup of shows and films with improving its advertising platform.
Netflix told the shareholders, “We remain optimistic with a lineup about our 2025 slate, including favorite designed to thrill our members, finals of the series, new discoveries and unexpected surprises.”
Netflix postponed hits including his “teenage age” series, which has seen some 124 million times, and Spanish-language film “Paltwar” from Mexico.
Netflix said that in February it would spend $ 1 billion to produce materials in Mexico in four years, which promotes government’s efforts to attract investment in front of American tariff hazards.
Investors see Netflix as a rare shelter in a stock market, which targets dozens of business partners by Trump’s stop-start tariff schemes.
The quarter marks a change to stop reporting subscriber numbers with its earning data by Netflix.
The company, considered as a leading video streaming service by analysts, ended with over 300 million customers last year.
Analyst Bans said, “Netflix is part of a comprehensive industry, which is far from focusing on how many new audiences are obtained to focus on how much money the audience is bringing.”
(Except for the headline, the story has not been edited by NDTV employees and is published by a syndicated feed.)