Netflix tanks on earnings miss and disappointing subscriber-growth forecast

Netflix tanks on earnings miss and disappointing subscriber-growth forecast

Business Insider

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· *Netflix shares dropped as much as 8.5% in premarket trading on Friday after the group's second-quarter earnings and third-quarter forecasts disappointed Wall Street.*
· *The video-streaming giant added 10 million subscribers in three months, boosting revenue by 25% and earnings per share by 163%.*
· *However, its EPS...

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