Netflix delivers a big beat in first earnings report without subscriber numbers
1. Netflix reported Q1 revenue of $10.54 billion, beating estimates. 2. EPS was $6.61, surpassing predicted $5.68 by a considerable margin. 3. No more subscriber counts reported, shifting analyst focus to other metrics. 4. Targeting $1 trillion market cap by 2030 amid strong stock performance. 5. Potential recession might increase content consumption on Netflix.