The company added 9.33 million subscribers, its strongest first-quarter addition since the pandemic, but offered a softer-than-expected revenue outlook. Shares fell in after-hours trading.
Netflix, Inc. is an American over-the-top media services provider, headquartered in Los Gatos, California. Founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California, the company's primary business is its subscription-based streaming service, which offers online streaming of a library of films and television programs including those produced in-house.
The company added 9.33 million subscribers, its strongest first-quarter addition since the pandemic, but offered a softer-than-expected revenue outlook. Shares fell in after-hours trading.
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