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Netflix earnings, subscriber growth crush estimates

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Earnings Per Share,Julie Hyman,Myles Udland

Netflix (NFLX) reported first quarter results that beat Wall Street expectations. Earnings per share of $5.28 top estimates of $4.52. Revenue of $9.37...

) reported first quarter results that beat Wall Street expectations. Earnings per share of $5.28 top estimates of $4.52. Revenue of $9.37 billion was better than expectations of $9.26 billion. The streaming giant added 9.33 million paid subscribers, crushing estimates of 4.84 million.

DETROIT — Tesla is asking shareholders to restore a $56 billion pay package for CEO Elon Musk that was rejected by a Delaware judge this year, and to shift the company's corporate home to Texas. The changes, to be voted on by stockholders at a June 13 annual meeting, could be a tougher sell than when it was first approved in 2018.

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