Communications services sector sees surge in anticipation of Netflix earnings report

Netflix surpasses expectations with 9.3 million new subscribers in Q1 2023

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Netflix reports Q1 2023 earnings of $9.37 billion, up 14.8% from same period last year

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Netflix anticipates Q2 2023 revenue of $9.49 billion, slightly below consensus estimates

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Meta and Netflix lead S&P 500 communication services sector in stock price gains

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Meta's stock price up around 30% since last earnings, driven by strong revenues and guidance

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Netflix's stock price up around 24% since last earnings, outperforming in subscription net adds

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Analysts weigh in on communication services sector with new ratings on Netflix and Electronic Arts

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Communications services companies rise as traders hedge bets ahead of Netflix earnings

Netflix's stock falls about 1% despite strong subscriber gains and revenue growth

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