Netflix reports revenue growth, subscribers loss in Q1 results


  • World
  • Wednesday, 20 Apr 2022

SAN FRANCISCO, April 19 (Xinhua) -- Netflix, the world's leading streaming entertainment company, on Tuesday posted its first-quarter 2022 financial results with quarterly revenue of 7.87 billion U.S. dollars, a year-on-year growth of 9.8 percent.

Its paid net additions were -0.2 million. The suspension of service in Russia and winding-down of all Russian paid memberships resulted in a -0.7 million impact on paid net adds.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Germany looking into possible security lapses after Christmas market attack
Suspect in UnitedHealth CEO's killing faces terrorism charges in New York
France holds day of mourning for Mayotte, island devastated by cyclone
Jordan offers Syria support in meeting with new leader
No French government before Monday evening, presidency says
Russian delegation arrives in Iran for meeting with president
South Korea says it detects signs of North Korea preparing more troops, drones for Russia
Indonesian tsunami survivor holds on to hope for missing son after 20 years
South Korean opposition threatens to impeach Han over martial law counsel
Jeff Bezos says most people should take more risks. Here’s the science that proves he’s right

Others Also Read