Netflix Ups Q1 Revenue, Profit, Free Cash by Double Digits
Netflix April 17 reported first quarter (ended March 31) revenue of $10.54 billion and operating income of $3.35 billion, up 13% and 27% year-over-year, respectively. Both tallies were ahead of the streamer’s guidance due to slightly higher subscription and ad revenue and the timing of expenses. Net income increased 24% to $2.89 billion from $2.33 … Continue reading “Netflix Ups Q1 Revenue, Profit, Free Cash by Double Digits”
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