Netflix publishes a report for the first and forecast for the second quarter of the year.

Netflix reports first quarter financials.

After the publication of shares of the company rose after the previous fall. What is so excited about the market?

The company reported an increase in revenue to $ 1.57 billion and the total number of subscribers by 62.3 million. This is a record growth in the subscriber base and much higher than the company's preliminary estimates. In many ways, the bullish nature of Netflix stock trading comes from these two numbers.
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Netflix, like other companies, reported on the discrepancy between revenues and profits forecasts, resulting from the strengthening of the dollar. As noted in the company, the dollar's power has reduced the international income item by $ 48 million, if we use the exchange rates of the previous year. And this is a significant impact.

Meanwhile, DVD-by-mail distribution (DVD-by-mail) brought Netflix an additional $ 85 million, reflected in quarterly earnings.

The company also, in a letter to investors, confirms its commitment to “strong network neutrality around the world,” probably trying to reduce the intensity of criticism of Netflix, which is losing ground to new rules in the United States.