Netflix Disappoints Wall Street with Q2 Revenue Miss, Shares Tumble
Netflix’s second-quarter revenue falls short of analyst estimates, leading to a nearly 9% drop in after-hours trading.
Netflix’s second-quarter revenue falls short of analyst estimates, leading to a nearly 9% drop in after-hours trading.
Wedbush analyst Michael Pachter maintains an Outperform rating on Netflix, highlighting the company’s potential to generate substantial free cash flow and improve profitability.