Netflix revenue, revenue lifted by final Squid…
The final season of international phenomenon “Squid Game” helped Netflix beat Wall Street earnings targets for the second quarter, and the streaming service raised its revenue steering for the 12 months.
Some traders had hoped for more from the dominant film and TV streaming service, analysts mentioned. Netflix shares had risen almost 44% this 12 months forward of the earnings report on Thursday. The stock fell 1.8% to $1,251.86 in after-hours trading.
Netflix has been building an ad-supported service to reel in price-sensitive viewers, though it has mentioned promoting will not be a…
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