Netflix shares fell sharply after a small Q2 revenue miss. Despite the miss, management says it is on track to double advertising revenue this year and achieve double-digit percentage growth in total revenue, suggesting near-term fundamentals are mixed rather than structurally deteriorating.
Netflix shares fell sharply after a small Q2 revenue miss. Despite the miss, management says it is on track to double advertising revenue this year and achieve double-digit percentage growth in total revenue, suggesting near-term fundamentals are mixed rather than structurally deteriorating.
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mildly negative
Sentiment Score
-0.25
Ticker Sentiment
