Fast Money Blog- 4/18/25
It was another volatile week on Wall Street, particularly for the chip sector, but in the middle of this turbulence Netflix came through with outstanding earnings.
On Thursday, October 18th, Netflix, Inc. (NFLX) released its Q1 2025 earnings. Top-line revenue came in at $10.54 billion, up 13% year-over-year. Subscription and advertising income was responsible for the growth.
Note, that although this earnings report marks the first time the company did not disclose quarterly subscriber numbers, they did say that their ad-supported tier accounted for 55% of new sign-ups in countries where it is available.
Looking forward Netflix reaffirmed it expects to see growing revenue for not only next quarter, but the entire year, as they believe the value of their streaming service will be not be adversely affected by tariffs or the downturn in the economy.
These earnings were predictable as the company told us a few months ago that they were raising membership rates. I believe Netflix is a great investment for the long-term.
Tyrone Jackson, The Wealthy Investor