• Is Netflix's Lagging Subscriber Growth a Sign of More Pain to Come? | Chart

    1 month ago - By The Wrap

    Let's just cut to the chase: It wasn't a great second quarter for Netflix.
    The streaming giant on Tuesday announced it added 1.54 million new subscribers in the second quarter, which, on the one hand, is more than the company had projected. On the other hand, it was the smallest jump in new subscribers since at least 2013; it's also a far cry from where the company was at this time last year, when Netflix was coming off back-to-back big quarters that helped it bring in 25 million new accounts during the first half of 2020. (Of course, that was due in large part to the COVID-19 pandemic...
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  • Netflix Posts Another Mixed Quarter Amid Tough Pandemic Comparisons

    1 month ago - By Deadline

    Netflix edged Wall Street forecasts for revenue and subscriber growth in the second quarter, but its earnings per share fell short of the company's own outlook as well as analysts'. The streaming giant added 1.54 million global subscribers in the period to reach more than 209 million. Revenue came in at $7.34 billion, slightly higher...
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