Tom Rogers, Claigrid executive chairman and former NBC Cable president, joins 'Squawk Box' to discuss Netflix's quarterly earnings results, what's next for the streaming giant, state of the streaming wars, and more.
Stock futures were little changed Friday morning after both the S&P 500 and Nasdaq hit new highs, while the Dow Jones neared its own record levels.
Netflix stock (NASDAQ:NFLX) has been a stellar performer, nearly doubling over the last 12 months to levels of about $1,270 currently. The rally has been driven by the company's crackdown on password sharing and the expansion of its advertising-supported streaming tier.
The streamer's valuation looks stretched, but that doesn't mean investors should stay away.
Netflix reported stronger-than-expected second-quarter results Thursday, with profit jumping 45% year-over-year as the streaming giant benefited from subscription price increases and a growing advertising business.
Netflix, Inc. (NASDAQ:NFLX ) Q2 2025 Earnings Conference Call July 17, 2025 4:45 PM ET Company Participants Gregory K. Peters - Co-CEO, President & Director Spencer Wang - Vice President of Finance, Corporate Development & Investor Relations Spencer Adam Neumann - Chief Financial Officer Theodore A.
Netflix said Thursday (July 17) that it expects advertising revenue to roughly double in 2025, as the company introduces interactive ads in the second half of the year.
Ted Sarandos has always had an uncanny grasp of titles and stars, conjuring them in his pre-internet days as a video store clerk and dropping them frequently during his 25-year run at Netflix.
Netflix Chief Financial Officer Spencer Neumann said the giant streamer remains indifferent to legacy media networks even as a record number of companies seem to be peeling them off or putting them up for sale.
Netflix said on Thursday that it used generative artificial intelligence to produce visual effects that appeared for the first time on screen in one of its original series, employing a technology that has been a source of anxiety throughout Hollywood.
Netflix had a very good second quarter, topping Wall Street expectations on its top and bottom lines, and providing guidance for the rest of the year, driven by a slate of popular returning shows. But the question will be, having decisively won the first era of the Streaming Wars, where does Netflix go from here?
This marks Netflix's sixth-straight quarterly earnings beat, even though the company no longer posts subscriber numbers.