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1 Number You Missed From Netflix's Earnings

·3 min read
1 Number You Missed From Netflix's Earnings
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Netflix (NASDAQ: NFLX) recently announced mixed financial results for the second quarter of 2021. Revenue of $7.34 billion and subscriber growth of 1.5 million exceeded Wall Street analyst and internal estimates, while earnings per share of $2.97 disappointed. It's clear that the coronavirus pandemic has caused lumpiness in Netflix's membership numbers, especially following a monster year in 2020.