Netflix (NASDAQ: NFLX) delivered its second-quarter earnings after the market close on Thursday, reporting subscriber growth of 27.3% for the period. Netflix said this was the result of "better-than-forecast acquisition and retention." Net income jumped to $720 million, delivering earnings per share of $1.59, up 165%, but falling short of the $1.81 Netflix had forecast. Read More...
Netflix Added a Record 10.1 Million Subscribers in Q2
Netflix (NASDAQ: NFLX) delivered its second-quarter earnings after the market close on Thursday, reporting subscriber growth of 27.3% for the period. Netflix said this was the result of “better-than-forecast acquisition and retention.” Net income jumped to $720 million, delivering earnings per share of $1.59, up 165%, but falling short of the $1.81 Netflix had forecast.
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