Jennifer Maas TV Business Writer Netflix reported its first-quarter 2023 earnings Tuesday. The streamer added 1.75 million net new subscribers in Q1, compared with gaining 7.66 million for the final quarter of 2022, the period during which its low-cost, ad-supported tier launched.
Netflix ended its pattern of providing subscriber guidance for the next quarter with its Q4 earnings in January, citing a shift in focus away from subs growth and toward revenue.
As such, no self-set goals were revealed by the streamer for Wall Street to compare these Q1 results to. The streamer will release a pre-recorded interview with Netflix executives discussing the quarter in greater detail at 6 p.m.
Read more on variety.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.