Variety
·entertainment
·2 hours ago
Netflix, With Warner Bros. Off the Table, Beats Q1 Expectations
Netflix surpassed analyst expectations in its first-quarter earnings for 2026, reporting $12.25 billion in revenue, a 16% increase year-over-year. The company maintains its annual revenue forecast of $50.7 billion to $51.7 billion despite withdrawing from the bidding for Warner Bros. assets in February. Adjusted earnings per share reached $1.23, exceeding expectations of 76 cents.
Summary by Glance · Variety
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