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Published

Netflix blows past earnings estimates as subscribers jump 16%

  • Netflix added 9.33 million customers in Q1 2024, exceeding analysts' estimates significantly.
  • The influx of new subscribers led Netflix to surpass sales and earnings forecasts.
  • Netflix anticipates a 16% sales growth in Q2, slightly higher than Q1, as stated in a letter to shareholders.
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Bias Distribution

  • 57% of the sources are Center
57% Center
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