Netflix's net profit exceeded market expectations

Netflix announced its financial results for the second quarter of 2025.
Accordingly, the company's revenue increased by 15.9 percent year-over-year to $11.1 billion in the second quarter of this year. The company's revenue was previously projected to reach $9.6 billion in the second quarter of 2024.
Netflix said the revenue increase was a result of more members, higher subscription prices and increased advertising revenue.
The company forecast revenue to rise to $11.5 billion next quarter. Netflix also revised its overall revenue guidance upward for 2025.
Netflix's net profit increased by nearly 45% year-over-year to $3.1 billion in the second quarter. The company's net profit was projected to be $ 2.1 billion in the same period in 2024.
The company's earnings per share rose from $4.88 in the second quarter of last year to $7.19 in this period.
Netflix's profit and revenue exceeded market expectations.
It was noteworthy that the company did not disclose its subscriber numbers in its balance sheet for the second quarter of this year, as it did in the first quarter.
Netflix reported that its subscriber count increased by 18.9 million in the final quarter of last year.
ekonomim