
Netflix's Q1 Earnings Preview
Netflix Inc. is set to unveil its first-quarter earnings this Thursday, with analysts forecasting an 11% to 12% year-over-year revenue surge, aiming for $10.5 billion. The streaming behemoth also eyes a monumental $1 trillion market cap and doubling its revenue by 2030, signaling ambitious growth trajectories.
Subscriber Growth and Strategic Moves
Ending 2024 on a high note, Netflix added a staggering 40 million paid subscribers, with 18.9 million in Q4 alone, totaling 301.6 million. This leap was fueled by stringent measures against password sharing and the rising popularity of its ad-supported tier. January saw another price adjustment in the U.S., pushing the standard HD plan to $17.99 and the Premium to $24.99 monthly.
Content That Captivates
"Adolescence" has quickly climbed to become the third most-watched English-language series on Netflix, amassing 124.2 million views since its March 13 release. The platform continues to dominate with returning favorites like "Black Mirror" Season 7 and "The Gentlemen," promising another eight-episode season under Guy Ritchie's direction.
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