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Netflix Profit Surges, Setting Up Battle of Titans With YouTube
In its second-quarter earnings report, the streaming giant disclosed operating income of $3.8 billion and a margin of 34.1 percent, up double digits from a year ago.
Netflix reports 45% increase in profit for Q2
Netflix reported total Q2 revenues of $11.08 billion, with an operating income of $3.8 billion and margin of 34.1%, beyond last year and market estimates.
Wall Street and SA analysts weigh in on Netflix's Q2 report
Netflix's (NASDAQ:NFLX) second-quarter earnings beat expectations on top and bottom lines, and the streaming giant raised full-year revenue expectations. Shares of the company were down nearly 5% by midday on Friday.
LISTEN: Netflix Q2 Earnings Preview; Unpacking Trump’s War on Truth
What to expect from Netflix Q2 earnings and a Cover Story deep dive on Trump's war on truth are the features in today's 'Daily Variety' podcast.
Netflix Q2 Revenue Surges On Price Hikes & Ads—Q3 Likely To Echo The Gains
Netflix beats analyst estimates for revenue and earnings per share in the second quarter. A look at the key highlights.
Ally Financial: Q2 Earnings Snapshot
The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share.
Netflix: Strong Sales and Wider Margins
Key Points In the second quarter, Netflix reported 16% year-over-year revenue growth and beat bottom-line expectations. Operating margins improved significantly, fueled by the company's higher plan pricing.
Netflix Q2 Earnings Preview: 'Squid Game' Lift Is Clear—But What's The Next Blockbuster?
Netflix had success with "Squid Game" in the second quarter, but investors and analysts want to know what's next outside the company's key franchises.
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