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Netflix posts higher Q2 results but shares drop due to lukewarm forecast

Netflix posts higher Q2 results but shares drop due to lukewarm forecast
Photo: KSAT 12 (ABC affiliate) · view original

Netflix said Thursday its second-quarter profit grew thanks to new membership signups and price increases, which “had gone well and as expected.” But the company's shares declined sharply in after-hours trading as the video streaming company's forecast for the current quarter fell below Wall Stre...

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