While the quarter was characterized by strong growth and impressive operating margin expansion, some investors were spooked by management's underwhelming forecast for subscriber growth in Q3. Along with its quarterly results, Netflix notably announced it was promoting Ted Serandos to a co-CEO position, alongside founder and CEO Reed Hastings. Netflix once again added more subscribers than expected during the quarter. Read More...
5 Must-See Takeaways From Netflix Earnings
While the quarter was characterized by strong growth and impressive operating margin expansion, some investors were spooked by management’s underwhelming forecast for subscriber growth in Q3. Along with its quarterly results, Netflix notably announced it was promoting Ted Serandos to a co-CEO position, alongside founder and CEO Reed Hastings. Netflix once again added more subscribers than expected during the quarter.
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