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Netflix (NFLX) Stock Analysis: Is NFLX Done Growing?
Netflix (#NFLX) continues to have slowed subscription growth and fails to beat Q2 analyst expectations.
The global streaming platform reported Q2 GAAP EPS of $2.97 (missed by $0.19) and revenue of $7.34B (+19.3% Y/Y).
Many investors keep pointing to slow growth in subscription growth, but the company has already amassed 209.18 global paid memberships. Should the focus now shift to revenue growth?
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By Financial MoversNetflix (#NFLX) continues to have slowed subscription growth and fails to beat Q2 analyst expectations.
The global streaming platform reported Q2 GAAP EPS of $2.97 (missed by $0.19) and revenue of $7.34B (+19.3% Y/Y).
Many investors keep pointing to slow growth in subscription growth, but the company has already amassed 209.18 global paid memberships. Should the focus now shift to revenue growth?