Netflix quarterly result beats Wall Street expectations despite Trump tariff's pall
1. Netflix exceeded Q1 revenue expectations at $10.54 billion. 2. Earnings per share of $6.61 surpassed estimates of $5.71. 3. Projected Q2 revenue is $11.04 billion, higher than $10.90 billion expectation. 4. Netflix's ad-supported tier represents 55% of new sign-ups in available markets. 5. Reed Hastings transitioned to non-executive chair as part of leadership succession.