Netflix's second-quarter revenue was $11.08 billion, down more than 2% after the market closed
Netflix's second-quarter revenue was $11.08 billion, compared with an estimated $11.06 billion; second-quarter earnings per share was $7.19, compared with an estimated $7.08; second-quarter free cash flow was $2.27 billion, compared with an estimated $2.17 billion. Netflix expects full-year revenue of $44.8 billion to $45.2 billion, compared with a previous estimate of $43.5 billion to $44.5 billion and a market estimate of $44.56 billion; operating profit margin is expected to be 29.5%, compared with a previous estimate of 29% and a market estimate of 29.7%. Netflix fell more than 2% after the market closed.