Netflix profit jumps as price hikes and subscription growth beat expectations
Netflix’s first quarter earnings again topped analysts’ expectations, thanks to its price hikes across the board and higher-than-expected subscription growth. The company appears to be sheltered from the global trade routs, with the stock significantly outperforming peers this year.
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Netflix’s first quarter earnings again topped analysts’ expectations, thanks to its price hikes across the board and higher-than-expected subscription growth. The company appears to be sheltered from the global trade routs, with the stock significantly outperforming peers this year.
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