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0.00466713551132987 0.00466713551132987 0.00466713551132987 0.0128871393473317 0.00923380430910864 -0.00263953456511614 0.00466713551132987 -0.00172620080556031
Stock impact report

Netflix Stock Surges as Profits Exceed Expectations [Yahoo! Finance]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Yahoo! Finance
The streaming giant's revenue grew over 12% year-over-year to $10.54 billion, above the analyst consensus from Visible Alpha. Net income of $2.89 billion, or $6.61 per share, rose from $2.33 billion, or $5.28 per share, a year earlier, beating Wall Street's projections. The period marked the first quarter Netflix did not report subscriber numbers. Netflix shares rose more than 4% in after-hours trading following the release. They were up 9% for 2025 so far through Thursday's close. Netflix maintained its fiscal 2025 revenue projection of $43.5 billion to $44.5 billion. Analysts on average had expected $44.27 billion. The company's second-quarter revenue forecast of $11.04 billion exceeded Wall Street's estimate of $10.91 billion. Earlier this week, Netflix executives reportedly said their goal is to double the company's $39 billion in revenue last year by 2030 and reach a market capitalization of $1 trillion. The streamer's market cap currently stands at about $416 billion. Thi Show less Read more
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