Netflix, Inc. (NASDAQ: NFLX) reported its first quarter 2023 earnings outcomes right this moment.
Income grew 3.7% year-over-year to $8.16 billion.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/04/Netflix-Q1-2023-Earnings-Infographic-608x1024.jpg?is-pending-load=1)
Internet revenue amounted to $1.30 billion, or $2.88 per share, in comparison with $1.59 billion, or $3.53 per share, final yr.
Earnings beat expectations however income fell wanting estimates.
The corporate added 1.75 million subscribers within the first quarter.
For the second quarter of 2023, income is predicted to develop 3.4% to $8.24 billion.
Prior efficiency
![Netflix Q4 2022 earnings infographic](https://cdn.news.alphastreet.com/wp-content/uploads/2023/01/Netflix-Q4-2022-earnings-infographic-608x1024.jpg?is-pending-load=1)