Greg Peters, Netflix Co-PDG, talks to an opening speech on the future of entertainment at the Mobile World Congress 2023.
Joan Cros | Nurphoto | Getty images
Netflix The leaders sent a message on Thursday that everything is fine with the company in the face of economic turbulence. But its annual prospects tell a slightly more nuanced story.
Netflix published a big beat On the margins of operation for the first quarter, declaring 31.7% compared to the average estimate of 28.5%, according to Streetaccount. And he guided well above analysts's estimates for the second quarter – 33.3% compared to an average estimate of 30%.
Through his own phrasing, Netflix was “in advance” of his own advice for the first quarter and “follows the middle of our range of advice on income from 2025”.
However, Netflix refused to modify one of its longer term projections. This suggests that Netflix is not as confident in its second half.
“There has been no important change in our business perspectives since our last report on the results,” Netflix wrote in his quarterly ticket to shareholders.
The feeling of American consumers has been at its second lowest level since 1952 while the new pricing policies of President Donald Trump are markets.
The CO-PDG Greg Peters noted at the Conference Conference on the results of the company that Netflix has, in the past, “generally very resilient” to economic slowdowns. Home Entertainment offers a cheaper form of leisure than most other activities. A Netflix monthly subscription with announcements costs $ 7.99.
But the question remains to know how – or if – an economic slowdown would pinch the portfolios of the Americans and force the more high unsubscribe among the streaming subscriptions.
Netflix has ceased to report the quarterly subscribers this quarter, so that the company will probably not detail if it sees a slowdown in customers later this year beyond the declaration of its income and its underlying profits.
The turnover of the first quarter of $ 10.5 billion was almost in line with analysts' expectations, while the second quarter directives of $ 11 billion are slightly higher.
“The retention is stable and solid. We have not seen anything meaning in the plan mixture or the grip plan,” said Peters. “Things generally seem stable.”
