Netflix Q1 earnings: sequential ARPU decline in UCAN, ad economics strong

Netflix announced Q1 2023 earnings yesterday: the company's results were mixed, with subscriber growth of 1.75MM and revenue of $8.16BN both missing analyst expectations, but featuring improved profit and operating margin. Netflix also offered tepid Q2 guidance, with revenue and EPS projections falling below analyst expectations (Netflix no longer offers guidance on subscriptions). Notably, ARPU […]

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