Netflix Stock Surges as Profits Exceed Expectations

1. Netflix's Q1 earnings exceeded expectations, boosting shares over 4%. 2. Revenue rose 12% YoY to $10.54 billion, beating analyst predictions. 3. Netflix maintained its fiscal 2025 revenue guidance of $43.5-$44.5 billion. 4. Executives aim to double 2023 revenue by 2030, targeting $1 trillion market cap. 5. Second-quarter forecast of $11.04 billion also surpassed Wall Street estimates.