Coming into its second-quarter earnings report, Netflix (NASDAQ: NFLX) had already been written off by much of the financial media. While Netflix does face some challenges, that doesn't mean that the stock is a dud. Two consecutive quarters of subscriber declines have been the focus of headlines, but even as Netflix experiences a modest subscriber decline, it's still delivering solid gains in revenue due to price hikes and year-over-year subscriber gains. Read More...
Coming into its second-quarter earnings report, Netflix (NASDAQ: NFLX) had already been written off by much of the financial media. While Netflix does face some challenges, that doesn’t mean that the stock is a dud. Two consecutive quarters of subscriber declines have been the focus of headlines, but even as Netflix experiences a modest subscriber decline, it’s still delivering solid gains in revenue due to price hikes and year-over-year subscriber gains.
