Netflix $NFLX said Wednesday that its quarterly revenue and subscriptions rose as efforts to curb password sharing took hold.
Here are the company's second-quarter figures compared with analysts' expectations, according to Refinitiv:
Earnings: $3.29 per share versus $2.86 per share expected.
Revenue: $8.19 billion versus $8.30 billion expected.
The streaming giant said it added 5.9...
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Thanks for the summary and new information. Netflix is going in a good direction and I was surprised to see that they added 5.9 million customers due to password sharing restrictions. I don't own Netflix stock, however I do own Disney stock in portoflio. If NFLX stock somehow dropped significantly, I would happily buy some of the stock.