Reported 1 day ago
Netflix's stock rose in after-hours trading following the company's first quarter earnings report, which exceeded Wall Street expectations with revenues of $10.54 billion and earnings per share of $6.61. The company also maintained its full-year revenue guidance, forecasting $43.5 billion to $44.5 billion, as they focus on increasing subscription and ad revenue. Netflix is aiming for substantial financial growth, including doubling its revenue by 2030.
Source: YAHOO