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Netflix Posts Record Q1 Profit, Sees No Tariff Fallout
Mint Mumbai
|April 19, 2025
Netflix Beat Q1 Sales and Profit Estimates, Pushing Operating Income to $3.3 Billion, But Its Subscriber Count Dipped
Netflix Inc. reported record profit to start the year, allaying concerns of a slowdown or fears the streaming leader might be hurt by growing economic uncertainties.
First-quarter earnings rose 25% to $6.61 a share, the company said on Thursday, easily beating analysts' estimates. Sales grew to $10.5 billion, in line with projections.
The results were boosted by a recent price increase and a strong slate of programming across the globe, like the hit UK series Adolescence.
This story is from the April 19, 2025 edition of Mint Mumbai.
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