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Netflix executives interpret the Q1 Earnings Reports: predicting that Consumer demand for Entertainment will remain strong.
Netflix announced its Earnings Reports for the first quarter of the fiscal year 2025 today: revenue of 10.543 billion USD, a year-on-year increase of 12.5%; Net income of 2.89 billion USD, a year-on-year increase of 24%; diluted earnings per share of 6.61 USD.
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The earnings reports season for technology giants has kicked off with great success! Netflix (NFLX.US) exceeded expectations in Q1 performance, and its stock price rose over 5% in after-hours trading.
Streaming giant Netflix announced its Earnings Reports for the first quarter of fiscal year 2025 after the market closed on Thursday, with data significantly exceeding Wall Street expectations.
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