Netflix Reports Quarterly Profit Of US$2.9 Billion, Revenue Grew 13%

Quick Summary:

Netflix on April 17 reported quarterly profit of US$2.9 billion as revenue grew 13%, driven by its recent subscription price hikes.

The streaming television service said it was "off to a good start in 2025” on revenue of US$10.5 billion in the recently ended quarter.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Netflix News Financial results

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-18 @ 01:51:51 (3 days ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 292 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 27971025

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About Business Today

Main Topics: EconomyBusiness

Official Website: businesstoday.com.my

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Headquarters: Malaysia

News Last Updated: 8 hours ago

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Publisher ID: #72

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