Get the latest gossip
Netflix’s Ted Sarandos Comments on ‘Very Disappointing’ Leak of Financial Data: ‘This Is Not the Same as a Forecast’
Netflix co-CEO Ted Sarandos said a report that outlined its internal 2030 financial targets was 'very disappointing' -- and 'not a forecast.'
“Look, we have a unique culture,” Sarandos said Thursday on the earnings interview with senior execs, noting that company leaders openly share information with employees. Netflix “wouldn’t normally comment” on such a data leak, according to Sarandos, but he said “it’s important to note this is not a forecast,” calling the figures reported in the Journal story “aspirational.” For the first quarter of 2025, Netflix beat Wall Street financial expectations with revenue of $10.54 billion, up 12.5%, and earnings per share of $6.61 (up from $5.28 a year prior).
Or read this on Variety
