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Netflix Q2 Fueled By Price, Ads & Squid Game—Q3 Set To Repeat

1. Netflix's Q2 revenue reached $11.08 billion, up 16% year-over-year. 2. Earnings per share of $7.19 beat estimates, indicating strong performance. 3. Strong revenue growth across all regions, notably APAC at 24%. 4. Guidance for Q3 revenue raised to $11.526 billion, surpassing expectations. 5. Future content plans include popular franchises and live events.

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FAQ

Why Bullish?

Earnings beat consensus estimates and positive revenue guidance show continued growth. Historical trends indicate price increase post-earnings beats.

How important is it?

The results highlight financial health and strong content pipeline, influencing stock attractiveness.

Why Short Term?

The immediate market response to earnings and guidance affects investor sentiment. Similar past earnings releases often influence short-term stock moves.

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