Netflix Meets Expectations in Second Quarter

CEO reiterates stance on net neutrality

Netflix reported that it met expectations for revenue and earnings per share at $1.34 billion and $1.15, respectively, Business Insider reported.

According to TechCrunch, Netflix actually slightly exceeded analyst expectations for revenue of $1.33 billion while falling just short of the expected $1.16 EPS. The streaming service also exceeded expectations with 36.24 domestic subscribers and 13.8 million international subscribers. Although exact evaluations of Netflix's second-quarter report may vary slightly, it stands in stark contrast to last year's disappointing second quarter.

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