Greg Peters, Co-CEO from Netflix, speaks in a keynote about the future of entertainment at the Mobile World Congress 2023.
Joan Cros | Nurphoto | Getty pictures
Netflix The managers sent on Thursday that everything is fine with business in the face of economic turbulence. But his year -round view tells a somewhat more differentiated story.
Netflix posted a large beat According to StreetCcount, 31.7% of the operating performance for the first quarter reported to the average estimate of 28.5%. And it led far beyond the analyst estimates for the second quarter – 33.3% compared to an average estimate of 30%.
At his own discretion, Netflix was “in front” for the first quarter and “pursues over the center of our sales consultancy 2025”.
Nevertheless, Netflix rejected one of his long -term projections. This indicates that Netflix is
“Since our last winning report, our overall views for business prospects have not changed significantly,” Netflix wrote to the shareholders in his quarterly reference.
The US consumer mood has been at the second lowest level as President Donald Trump’s new tariff policy since 1952.
During the company’s conference conference, Co-CEO Greg Peters found that Netflix was “generally quite resilient” against economic slowdowns in the past. Home Entertainment offers a cheaper form of leisure than most other activities. A monthly Netflix subscription with ads costs 7.99 USD.
However, the question remains how – or whether – an economic slowdown would clamp the ambulances of the Americans and force higher emigration between streaming subscriptions.
Netflix has stopped quarterly subscribers in this quarter, so that the company will probably not be detailed in detail if it will be slowed down by the customer later this year beyond the underlying sales and profit.
The turnover of $ 10.5 billion in the first quarter corresponded approximately to the expectations of the analysts, while the instructions of $ 11 billion corresponded to somewhat above average in the second quarter.
“Stable and strong. We have seen nothing important in the plan mix or plan,” said Peters. “Things generally look stable.”
