Netflix (NFLX) Q1 Earnings Beat, Revenues Rise Y/Y on User Gain
Netflix (NFLX) reported first-quarter 2024 earnings of 9.37 billion increased 14.8% year over year and beat the consensus mark by 1.18% as the streamer leaned on revenue initiatives like its crackdown on password-sharing and ad-supported tier, in addition to the recent price hikes on certain subscription plans.On the ads front, ad-tier memberships increased 65% quarter over quar ...