Rising economic uncertainty amid a global trade war did little to dampen Netflix’s financial results in the first quarter.

The Los Gatos, California-based streaming giant said its first-quarter revenue grew 13% to $10.5 billion, fueled by membership growth and higher prices.

Net income jumped 24% to $2.89 billion in the quarter, well ahead of the $2.48 billion that analysts had forecast, according to FactSet.

On Thursday during a call with reporters, Netflix executives projected confidence about the company’s ability to weather tariff-fueled economic concerns, noting that its low-cost ad plan gives consumers options, that its engagement is still strong and that it produces content and has viewers throughout the world. — Los Angeles Times