The Endless Price of Growth: Netflix's Q2 Earnings Report Netflix's second quarter earnings report has left investors feeling underwhelmed, despite a 13. 4% year over year revenue increase to $12. 56 billion.
Net income reached $3. 4 billion, or 80 cents per share. However, this growth was tempered by a softer than expected Q3 outlook and an 8% stock price drop in after hours trading.
The disconnect between these two narratives highlights the challenges facing Netflix as it operates in an increasingly crowded streaming market.