Netflix Aims for Stellar Q1 Performance with Original Content

Netflix Inc. is set to unveil its first-quarter earnings, with analysts forecasting an 11% revenue growth to $10.5 billion and earnings per share of $5.73. The streaming powerhouse is on a mission to double its revenue by 2030, targeting a $1 trillion market capitalization.

Record Subscriber Growth Fuels Optimism

Ending 2024 on a high note, Netflix added over 40 million paid subscribers, reaching a total of 301.6 million. This surge is attributed to the global crackdown on password-sharing and the success of its ad-supported tier. Price adjustments in the U.S. have also been implemented, with the standard HD plan now at $17.99 and the Premium at $24.99 monthly.

Original Series Continue to Dominate

"Adolescence" has quickly become the third most popular English-language series on Netflix, amassing 124.2 million views since its March 13 release. Fans of "Black Mirror" were treated to its Season 7 premiere on April 10, and "The Gentlemen" is confirmed to return for another season, with Guy Ritchie leading the creative charge.