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⏲ Duration: 1:30 👁 View: 350K times ✓ Published: 19-Apr-2024
Description: Netflix Exceeds Earnings Estimates , As Subscribers Increase.<br/>Netflix Exceeds Earnings Estimates , As Subscribers Increase.<br/>Netflix released a Q1 earnings report on April 18, indicating that its number of subscribers jumped 16% year-over-year to reach 269.6 million.<br/>Analysts only expected the streamer to have about 264.2 million subscribers, CNBC reports. .<br/>The company also brought in $9.37 billion in revenue versus analysts' expectations of $9.28 billion. .<br/>However, Netflix said that its membership numbers are no longer the main factor contributing to the company's growth.<br/>As a result, the company will stop providing \