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Netflix beats Q1 earnings estimates, plans TikTok-style vertical video feed to boost mobile engagement.

Company Fundamentals
22 Apr 2026
Lekha Gupta
View Source
Bullish
pluang ai news

Netflix reported first-quarter revenue of $12.25 billion and earnings of $1.23 per share, both beating analyst estimates. However, the company gave a slightly softer outlook for Q2 revenue and earnings. Netflix plans to launch a vertical video feed on mobile devices to increase user engagement, especially among younger audiences, by offering short clips and new content formats. This move aims to capture 'snackable' viewing moments and enhance content discovery, potentially opening new advertising opportunities and boosting awareness of diverse content types. Chairman Reed Hastings will step down in June, leaving co-CEOs Ted Sarandos and Greg Peters in full control.

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