Netflix posts strong earnings despite economic headwinds

Los Angeles Times - 17/04
Some analysts believe Netflix will weather any pullback in the advertising market caused by global trade disputes.

Rising economic uncertainty amid a global trade war did little to dampen Netflix’s financial results in the first quarter.

The Los Gatos-based streaming giant said its first quarter revenue grew 13% to $10.5 billion, fueled by membership growth and higher prices.

Net income jumped 24% to $2.89 billion in th...
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