Tesla Plummets After Q1 Earnings + Netflix, UK Inflation & More
The Young Investors Podcast
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Netflix's Q1 Earnings
Netflix reported their Q1 earnings, the first of the media companies to report. Revenue came in at $8.2 billion, which was up a measly 3.7% year over year. Total subscribers is kind of one of the dimensions rose 4%. For the quarter over quarter, they gained 1.8 million net additions to reach 232.5 million subscribers. That is compared to an increase of 0.5 million that they added in the same quarter last year.
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