Subscriber Surge, EPS Street-Beat For Netflix In Q2

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The second quarter 2023 financial results from Netflix arrived just after Wednesday’s closing bell on Wall Street.


Here’s the good news: It blew past analysts’ forecasts on net additions in Q2, but fell short on revenue. Still, adjusted net revenue for the OTT giant surpassed analysts’ predictions, positioning NFLX as a potential $500 stock.

 

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