Netflix is set to report first-quarter earnings after the bell Thursday.
Streaming platform Netflix (NFLX) will report its first-quarter earnings after Thursday's market close. Wall Street analysts will be paying close attention to how Netflix's password-sharing crackdown and its new ad-tier subscription model have influenced subscriber figures. Yahoo Finance Entertainment Reporter Alexandra Canal details what Wall Street is expecting on Netflix subscriber trends. For more expert insight and the latest market action, click here to watch this full episode of Morning...
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TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Amazon and BJ's Wholesale Club.
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Netflix's victory lap as the leader in streaming continued Thursday, as the company said it increased its subscriber base by 9.3 million to nearly 270 million in the first quarter. Revenue was up 15% to $9.37 billion in the first quarter, the Los Gatos, Calif., streamer reported. Net income was $2.3 billion, compared with $1.3 billion in the same period in 2023. The company beat Wall Street's estimates on revenue, subscriber additions and net income. Analysts on average had projected that...
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Netflix will no longer report its quarterly subscriber additions, a sign