Netflix, Q2
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For the just-ended quarter, net income came in at $3.1 billion, edging forecasts of $3.06 billion. Revenue totaled $11.08 billion, above the $11.07 billion analyst projection.
Netflix unveils 'Sakamoto Days' weekly episodes, 'My Melody & Kuromi' premiere date, and 'Cyberpunk: Edgerunners 2' at Anime Expo 2025.
The company has revised its full-year revenue forecast upward to as high as $45.2 billion, citing a strong dollar, robust engagement, and traction with its ad-supported tier
Many Wall Street analysts keep boosting their stock price target as the streaming giant's shares have gained around 40 percent so far this year.
Netflix has reinforced its position as the global streaming leader after reporting strong second-quarter results that surpassed expectations across all
Netflix posted strong second-quarter earnings today (July 17), with revenue jumping 16 percent year-over-year to $11 billion and profit surging 45 percent to $3.1 billion. The streaming giant credited the surge to recent subscription price hikes, a booming ad business and a global lineup of hit content.
“We believe we can and will be choosy. We’ve got a great business. We’re predominantly focused on growing that organically, investing aggressively and responsibly into that growth, and returning excess cash to shareholders through share purchases. And I think you’ll see us continue on that path.”
Netflix said its ad-supported tier and password-sharing curbs have significantly contributed to revenue growth. While it did not disclose specific figures, the company projected ad revenue to roughly double in 2025 and reach $9 billion by 2030.
Netflix advertising president Amy Reinhard says the streaming giant now reaches 70 million subscribers across its ad tiers globally. Plus Icon Film Plus Icon TV ... Plus Icon Global
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Screen Rant on MSNSubs or Dubs? Netflix Settles Anime's Longest-Running Debate With a Shocking ReportRecently, significant changes have been occurring. As anime becomes more mainstream, the sub vs. dub discussion is also evolving in ways that some longtime fans might not have anticipated. A new Netflix report offers insights into viewing habits that point to a future of greater flexibility and inclusivity in the anime industry.