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.
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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