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Abhishek Sharma: Indian cricket's 'new-generation superstar'
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In-form Fernandez sets up Tokyo final against Russia's Shnaider
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Marquez stretches MotoGP championship lead after Martin pulls out
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In-form Fernandez reaches Tokyo final
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Marc Marquez on front row at Malaysian MotoGP as Martin ruled out
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James, Maxey fuel 76ers over Knicks in NBA Cup thriller
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Injured Martin out of Malaysian MotoGP in big title blow
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High-speed, high-risk Route du Rhum yacht race sets off Sunday
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US, S.Korea, Japan vow 'complete' N.Korea denuclearization
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Fears of violence as France braces for Halloween protests
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Nations commit to get nature goals back on track
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OKC's Holmgren to miss at least eight weeks as Thunder injury woes deepen
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US oil companies aim to squeeze more out of refineries
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How to Repurpose Old Furniture into New Treasures
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Trump admin approves potential Patriot missiles sale to Ukraine
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Polish riot police deployed as deposed court chief sets off crisis
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Sun Goddess wins at Breeders' Cup, O'Brien leads Baffert
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Young Canadians focus on mental health at key climate trial
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Nations agree push to get nature goals on track
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'Breath of fresh air' truce brings hope to Ukraine's ravaged Kherson
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Leclerc shows practice pace as Antonelli prowls in Mexico
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British king reflects on colonial atrocities in Guyana
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Trump, Milei under pressure to explain Bolsonaro flight from Brazil
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Nations agree crucial texts in overtime at UN nature summit
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Hakimi bags hat-trick as Paris Saint-Germain rip Le Havre to pieces
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NBA Trail Blazers lose guard Morant for four weeks
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Polish riot police deployed after court chief suspended
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UN nature summit in extra time as nations grapple for deal
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Emery's focus fully on Fulham despite Barcelona tie
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Complaints upheld against Swiss TV commentary on Israeli bobsleigher
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Reigning champs chase history in New York Marathon
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Tielemans glad Man Utd sticking with Carrick
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Monaco taken off global money-laundering 'grey list'
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Scottish police probe Andrew, Epstein stay at royal castle: UK media
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Canada, EU launch new alliance with deals on Ukraine, minerals, AI
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Medvedev into Vienna semis and books ATP Finals place
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Tears, fear, anger: relatives of Spain train crash dead await fate
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UN nature talks in extra time as nations struggle to reach deal
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Spurs get Maddison boost ahead of Palace clash
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Meta settles, leaving Snap sole defendant in new social media trial
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French authorities fear new street violence at Halloween protests
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Chelsea manager Alonso dismisses talk of Estevao loan deal
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Rickelton, Mulder centuries lift South Africa's chances in Test decider
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Thousands of students, workers hold peaceful protests in Italy
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Maresca adamant Donnarumma can be dropped but first name selected
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Iraola glad to raise Liverpool fans' hopes but says hard work ahead
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EU and Canada to 'withstand shocks together' with new alliance
Netflix earnings in first quarter of 2025 top forecasts
Netflix on Thursday reported quarterly profit of $2.9 billion as revenue grew 13 percent with help from recent subscription price hikes.
The streaming television service said it was "off to a good start in 2025" on revenue of $10.5 billion in the recently ended quarter.
Shares in the Silicon Valley-based company were up more than four percent in after-market trades.
Revenue grew due thanks to slightly higher subscription and ad earnings, along with the timing of some expenses, according to Netflix.
Netflix early this year raised premium and standard memberships in the United States two dollars more per month, to $25 and $18 respectively, while a standard ad-supported tier increased by one dollar.
In a bid to boost sputtering growth, the company launched an ad-subsidized offering in late 2023 around the same time as a crackdown on sharing passwords.
The streaming service had announced in January that a top priority would be growing its ad business.
Netflix has been steadily improving its ad platform as viewers continue to turn away from traditional television to streaming shows on demand.
"We're executing on our 2025 priorities: improving our series and film offering and growing our ads business; further developing newer initiatives like live programming and games; and sustaining healthy revenue and profit growth," Netflix said in a letter to shareholders.
Netflix forecast revenue growth of 15 percent in the current quarter, crediting its lineup of shows and films along with improvements to its ad platform.
"We remain optimistic about our 2025 slate with a lineup that includes returning favorites, series finales, new discoveries and unexpected surprises designed to thrill our members," Netflix told shareholders.
Netflix touted hits including its "Adolescence" series that has logged some 124 million views, and the Spanish-language film "Counterattack" from Mexico.
Netflix said in February it would spend $1 billion over four years producing films and series in Mexico, in a boost to that government's efforts to attract investment in the face of US tariff threats.
Investors view Netflix as a rare haven in a stock market roiled by US President Donald Trump's stop-start tariff plans targeting dozens of trade partners.
This quarter marks a shift by Netflix to stop reporting subscriber numbers along with its earnings figures.
The company, considered by analysts as the leading video streaming service, finished out last year with more than 300 million subscribers.
R.Chavez--AT