Netflix will hope for blockbuster results when it updates the market on Tuesday.

The streaming giant has delivered a string of hits in recent months, including Harry and Meghan’s tell-all documentary.

But away from all the thrillers and action-packed shows on offer, analysts and investors will want to take a good look at the first-quarter figures.

Netflix had expected to add 4.5m subscribers in the final three months of last year.

It smashed this forecast with 7.7m subscribers, taking its total of paying customers to 230.7m at the end of 2022.

It is expecting to add fewer subscribers in the three months to the end of March, though the first quarter of the year tends to be weaker.

In a sector as crowded as the streaming industry, getting viewers to part with their money is not easy. Disney and Warner Bros Discovery have hiked their prices, which analysts reckon could have helped Netflix gain subscribers.

There also should be more insight provided into the progress of its new pricing model, which allows subscribers to pay less if they are happy to watch adverts or pay more to make sure there are no ads.

And clamping down on password sharing remains an ongoing challenge.

Analysts expect Netflix revenues to increase by 4 per cent to £6.6billion in the first quarter.

It should make a profit of around £1.3billion, according to analysts, down from £1.6billion in the same period a year ago.

And for all of 2023, Netflix is expected to make revenues of £27.3billion, 8 per cent higher than the £25.3billion it made last year.

#fiveDealsWidget .dealItemTitle#mobile {display:none} #fiveDealsWidget {display:block; float:left; clear:both; max-width:636px; margin:0; padding:0; line-height:120%; font-size:12px} #fiveDealsWidget div, #fiveDealsWidget a {margin:0; padding:0; line-height:120%; text-decoration: none; font-family:Arial, Helvetica ,sans-serif} #fiveDealsWidget .widgetTitleBox {display:block; float:left; width:100%; background-color:#af1e1e; } #fiveDealsWidget .widgetTitle {color:#fff; text-transform: uppercase; font-size:18px; font-weight:bold; margin:6px 10px 4px 10px; } #fiveDealsWidget a.dealItem {float:left; display:block; width:124px; margin-right:4px; margin-top:5px; background-color: #e3e3e3; min-height:200px;} #fiveDealsWidget a.dealItem#last {margin-right:0} #fiveDealsWidget .dealItemTitle {display:block; margin:10px 5px; color:#000; font-weight:bold} #fiveDealsWidget .dealItemImage, #fiveDealsWidget .dealItemImage img {float:left; display:block; margin:0; padding:0} #fiveDealsWidget .dealItemImage {border:1px solid #ccc} #fiveDealsWidget .dealItemImage img {width:100%; height:auto} #fiveDealsWidget .dealItemdesc {float:left; display:block; color:#004db3; font-weight:bold; margin:5px;} #fiveDealsWidget .dealItemRate {float:left; display:block; color:#000; margin:5px} #fiveDealsWidget .dealFooter {display:block; float:left; width:100%; margin-top:5px; background-color:#e3e3e3 } #fiveDealsWidget .footerText {font-size:10px; margin:10px 10px 10px 10px;} @media (max-width: 635px) { #fiveDealsWidget a.dealItem {width:19%; margin-right:1%} #fiveDealsWidget a.dealItem#last {width:20%} } @media (max-width: 560px) { #fiveDealsWidget #desktop {display:none;} #fiveDealsWidget #mobile {display:block!important} #fiveDealsWidget a.dealItem {background-color: #fff; height:auto; min-height:auto} #fiveDealsWidget a.dealItem {border-bottom:1px solid #ececec; margin-bottom:5px; padding-bottom:10px} #fiveDealsWidget a.dealItem#last {border-bottom:0px solid #ececec; margin-bottom:5px; padding-bottom:0px} #fiveDealsWidget a.dealItem, #fiveDealsWidget a.dealItem#last {width:100%} #fiveDealsWidget .dealItemContent, #fiveDealsWidget .dealItemImage {float:left; display:inline-block} #fiveDealsWidget .dealItemImage {width:35%; margin-right:1%} #fiveDealsWidget .dealItemContent {width:63%} #fiveDealsWidget .dealItemTitle {margin: 0px 5px 5px; font-size:16px} #fiveDealsWidget .dealItemContent .dealItemdesc, #fiveDealsWidget .dealItemContent .dealItemRate {clear:both} }

This post first appeared on Dailymail.co.uk

You May Also Like

Home Reit short seller Fraser Perring set to pocket £4m

The short-seller who sparked a share price crash at embattled property firm…

Cost of living 2023 latest: Martin Lewis reveals when DWP £900 payments could be made to millions – here’s how to claim

Scottish government urges people to make sure they are not missing out…

US economist Megan Greene to join Bank England’s rate-setting panel

An American economist will join the Bank of England’s interest rate-setting panel…

Mollie’s Motel Bristol review: Soho House takes on the budget hotel giants

Putting Britons up for the night in consistently affordable and decent rooms…