Netflix Posts Mixed Q2 Results Announces Push Into Video Gaming
Netflix reported 1.54 million global paid net subscriber additions, slightly lower than the 1.75 million adds that analysts expected, per Refinitiv data obtained by CNBC. The company’s $2.97 earnings per share were also lower than analysts’ expectations of $3.16. That said, the company’s revenue slightly exceeded analysts’ expectations: Netflix reported $7.34 billion in revenue, while analysts expected only $7.32 billion in revenue, per Refinitiv. The company’s stock was down 1.23 percent in after-hours trading at press time....