Netflix Passes 50M Subscribers As It Reports Better Than Expected Q2 Revenue Of $1.34B

 This afternoon following the bell, Netflix announced the financial results of its second quarter, including revenue of $1.34 billion and earnings per share of $1.15. Analysts had expected Netflix to report $1.33 billion in revenue and $1.16 per share in earnings. The company, which traded up around 1.7% during regular trading in a down market, is up around 1% after-hours following its… Read More