The Zhitong Finance App learned that on Friday, Netflix (NFLX.US) opened with a sharp drop of more than 10%, the biggest drop since April 2022, and is now reported at $66.19. According to the news, Netflix released its second-quarter earnings report after the market on Thursday EST. Netflix's Q2 revenue was US$12.6 billion, up 13% year over year, with earnings of 80 cents per share, which is basically in line with average market expectations. Revenue growth is expected to slow for the second consecutive quarter in the third quarter, further increasing investors' concerns about the streaming giant's future prospects. The company expects revenue of $12.9 billion and earnings per share of $0.82 for the quarter, all slightly lower than analysts' expectations.

The Zhitong Finance App learned that on Friday, Netflix (NFLX.US) opened with a sharp drop of more than 10%, the biggest drop since April 2022, and is now reported at $66.19. According to the news, Netflix released its second-quarter earnings report after the market on Thursday EST. Netflix's Q2 revenue was US$12.6 billion, up 13% year over year, with earnings of 80 cents per share, which is basically in line with average market expectations. Revenue growth is expected to slow for the second consecutive quarter in the third quarter, further increasing investors' concerns about the streaming giant's future prospects. The company expects revenue of $12.9 billion and earnings per share of $0.82 for the quarter, all slightly lower than analysts' expectations.