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Netflix (NFLX) Q1 Earnings Beat, Revenues Rise Y/Y on User Gain [Yahoo! Finance]
Last netflix, inc. earnings: 4/21 04:00 pm
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US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Revenues of $9.37 billion increased 14.8% year over year and beat the consensus mark by 1.18% as the streamer leaned on revenue initiatives like its crackdown on password-sharing and ad-supported tier, in addition to the recent price hikes on certain subscription plans. On the ads front, ad-tier memberships increased 65% quarter over quarter. The ads plan now accounts for 40% of all Netflix sign-ups in the markets it has offered. For advertisers, the company continues to focus on measurement solutions, including new partnerships with Kantar and Lucid for brand awareness and recall, and Nielsen Catalina Solutions for sales lift. Netflix, Inc. Price, Consensus and EPS Surprise Netflix, Inc. price-consensus-eps-surprise-chart | Netflix, Inc. Quote Subscriber Growth Drives Revenues in Q1 At the end of the first quarter, Netflix had 269.6 million paid subscribers across more than 190 countries globally, up 16% year over year. Netflix attracted new customers from all over the wor
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