Warner Bros. Discovery (WBD) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 Ladies and gentlemen, welcome to the Warner Bros. Discovery First Quarter twenty twenty five Earnings Conference Call. At this time, all participants' lines are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Additionally, please be advised that today's conference call is being recorded. I would now like to hand the conference over to Mr. Andrew Slavin, Executive Vice Pr ...

Core Viewpoint - Netflix's stock has reached a record high following strong first-quarter earnings, indicating continued growth potential for the company [1][2]. Group 1: Financial Performance - For the first quarter ending March 31, Netflix reported a 13% year-over-year revenue increase, with earnings per share (EPS) at an all-time high of $6.61, reflecting a 25% increase from the previous year [1]. - The stock price has increased by 71% over the past year, suggesting strong market confidence in Netflix's future [2]. - For 2025, Netflix is targeting revenue between $43.5 billion and $44.5 billion, which represents a 13% increase at the midpoint compared to 2024, with an expected operating margin of 29%, surpassing last year's 26.7% [7]. Group 2: Growth Drivers - Netflix is experiencing ongoing growth in new memberships, supported by gradual subscription price increases that enhance margins and earnings [3]. - The company has successfully scaled its advertising-supported tier, attracting a broader subscriber base and creating new revenue streams, with plans to leverage its proprietary adtech in the $600 billion global advertising market [5]. - The introduction of exclusive series, movies, and live events, such as boxing matches and WWE pro wrestling, has kept viewers engaged and contributed to subscriber retention [3].