Market Chatter: Netflix to Expand Ad-Supported Tier to 15 More Countries

Netflix (NFLX) is expanding its ad-supported tier to 15 new countries, the Verge reported Wednesday.

The new markets include Austria, Belgium, Colombia, Denmark, Indonesia, Ireland, the Netherlands, New Zealand, Norway, Peru, the Philippines, Poland, Sweden, Switzerland, and Thailand, the report said.

Netflix is also testing a new tool that modifies the ads subscribers see based on their viewing patterns.

Netflix did not immediately respond to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $88.08, Change: $+0.42, Percent Change: +0.47%

Okeanis Eco Tankers Q1 Adjusted EPS, Revenue Rise

Okeanis Eco Tankers (ECO) reported Q1 adjusted earnings late Wednesday of $2.33 per diluted share, up from $0.36 a year earlier.Analysts polled by FactSet expected $2.52.Revenue in the three months ended March 31 rose to $170.2 million from $80.1 million a year earlier.Analysts surveyed by FactSet expected $134 million.The company raised its quarterly dividend by $0.45 to $2 a share, payable June 5 to stockholders of record May 28.Okeanis shares rose 1.4% in after-hours trading.

$ECO

Cisco Systems Fiscal Q3 Adjusted Earnings, Revenue Rise; Shares Jump After Hours

Cisco Systems (CSCO) reported fiscal Q3 adjusted earnings late Wednesday of $1.06 per diluted share, up from $0.96 a year earlier.Analysts polled by FactSet expected $1.03.Revenue in the three months ended April 25 rose to $15.8 billion from $14.1 billion a year earlier.Analysts surveyed by FactSet expected $15.6 billion.Cisco expects Q4 adjusted EPS of $1.16 to $1.18 on revenue of $16.7 billion to $16.9 billion. Analysts project EPS of $1.08 on revenue of $15.8 billion.The company boosted its full-year guidance to adjusted EPS of $4.27 to $4.29 on revenue of $62.8 billion to $63 billion. The prior forecast was EPS of $4.13 to $4.17 on revenue of $61.2 billion to $61.7 billion.Analysts project EPS of $4.16 on revenue of $61.6 billion.Cisco shares jumped 13% in after-hours trading.

$CSCO

Market Chatter: Netflix to Expand Ad-Supported Tier to 15 More Countries

Related Articles

Okeanis Eco Tankers Q1 Adjusted EPS, Revenue Rise

Cisco Systems Fiscal Q3 Adjusted Earnings, Revenue Rise; Shares Jump After Hours

GUIDANCE: (CSCO) Cisco Systems Expects Fiscal 2026 Adjusted EPS Range $4.27-$4.29, vs. FactSet Est of $3.37