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Guardian
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Netflix quarterly result beats Wall Street expectations despite Trump tariff’s pall
- Netflix exceeded Wall Street expectations for quarterly results and offered a bullish revenue outlook.
- Revenue for the first quarter was $10.54bn, slightly surpassing estimates.
- Co-founder Reed Hastings transitioned to the board's non-executive chair.
- Netflix projects revenue to rise to $11.04bn for the next quarter, driven by membership growth and higher pricing.
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