Netflix is ​​melting…lost 200,000 subscribers in the first quarter of the year

Netflix released its results for the first quarter of this year. Accordingly, the company’s sales rose in the first quarter of the year compared to the same period last year by 10 percent to 7.9 billion US dollars. The company’s revenue for the same period last year was $7.2 billion.

The company’s net income, however, fell in the first quarter compared to the same period last year by 6 percent to $ 1.6 billion. Netflix’s net income for the first quarter of last year was $1.7 billion. After the news from AA; The company’s earnings per share also fell from $3.75 to $3.53 over the same period.

SUBSCRIBERS COUNT DOWN FOR THE FIRST TIME IN MORE THAN 10 YEARS

Netflix subscribers fell by 200,000 in the first quarter of the year. During this period, the number of Netflix subscribers should increase by 2.5 million. The decision to end its service in Russia following the attack on Ukraine in early March resulted in the loss of 700,000 members for Netflix.

Netflix has a total of 221.6 million subscribers worldwide. Netflix, which reported the last loss of subscribers in October 2011, noted that the subscriber loss is expected to continue in the second quarter of the year and said loss is expected to reach 2 million.

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