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Netflix reports Q2 revenue of $7.97B, up 9% YoY, vs $8B est., and a loss of 970K subscribers vs an estimated loss of 2M; stock jumps 7%+ after hours (Sarah Whitten/CNBC)

Posted 3 weeks ago by technology_o6swjd

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Sarah Whitten / CNBC:
Netflix reports Q2 revenue of $7.97B, up 9% YoY, vs $8B est., and a loss of 970K subscribers vs an estimated loss of 2M; stock jumps 7%+ after hours  —  Netflix shares jumped 6% after the company said it lost fewer subscribers than anticipated during the second quarter.

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