Netflix, Inc. (NASDAQ: NFLX) reported its first quarter 2023 earnings results today.
Revenue grew 3.7% year-over-year to $8.16 billion.
Net income amounted to $1.30 billion, or $2.88 per share, compared to $1.59 billion, or $3.53 per share, last year.
Earnings beat expectations but revenue fell short of estimates.
The company added 1.75 million subscribers in the first quarter.
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For the second quarter of 2023, revenue is expected to grow 3.4% to $8.24 billion.
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