Netflix's co-CEO, Greg Peters, noted that the company will update subscriber data only when significant milestones are achieved, indicating a move away from traditional metrics. This change reflects a broader strategy to evaluate company health more accurately by considering the varying impact of each subscriber on the business. In addition to subscriber and financial metrics, Netflix is also expanding its content offerings, including TV shows, movies, games, and a growing sports division. This includes a notable $5 billion deal to stream World Wrestling Entertainment Raw in the U.S. for the next decade. Highlighted successes from the quarter include the series "Fool Me Once," which garnered 98 million views, and "Griselda," with 66.4 million views.

While Netflix shares initially rose by 30% ahead of the earnings report, they subsequently fell by 4.7%. The company's revenue for the quarter was $9.37 billion, a 15% increase year-on-year, but slightly below the forecast for the current quarter at $9.49 billion. Netflix anticipates annual revenue growth between 13% and 15%.