FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, U.S., July 12, 2023. REUTERS/Mike Blake/File Photo
LOS ANGELES (Reuters) -Netflix executives on Thursday backed the company's revenue outlook for the year and voiced confidence that the streaming service would weather any economic turbulence from President Donald Trump's erratic tariff plans. Following an earnings report that topped analyst expectations, Netflix co-CEO Greg Peters said the company had not seen any significant shifts in customer behavior, commentary that is likely to ease Wall Street concerns that Trump's policies would prompt lately frugal consumers to reconsider spending on streaming services.
Netflix shares rose 2.7% in after-hours trading. The stock has risen 9% so far this year, compared with a 10% slump in the broader S&P 500 index.
