https://safirsoft.com Netflix ended the second quarter with more than 209 million subscribers, but still lost profits

Netflix ended the second quarter of 2021 with more than 209 million subscribers, but lost to the brand in terms of revenue and earned $7.34 billion. A survey by Refinitiv found that analysts expected a total of $7.32 billion, so it's not far from reality. Earnings per share were reported at $2.97 versus $3.16 as analysts had expected.

In a letter to shareholders, Netflix said it had 201.18 million subscribers at the end of the second quarter, up 1.54 million from 207.64 million reported in the first quarter. According to a Street Account, analysts expected only 1.19 million net additional subscriptions.

Netflix said the pandemic has created "growth" in its membership growth, resulting in higher growth in 2020 and slower growth this year. . However, the company said it will continue to focus on improving its services to members and providing the best stories from around the world.

https://safirsoft.com Netflix ended the second quarter with more than 209 million subscribers, but remains profitable going forward, Netflix said it expects to end the third quarter with 212.68 million subscribers, earning about $7.47 billion.According to street-account data, analysts expected to add approximately 5.46 million net subscribers during the quarter, largely due to future Netflix content.Netflix shares fell by 3.78% as of press release.</p></div><p>Netflix ended the second quarter with more than 209 million subscribers, but still lost profits<br>netflix-ended-the-second-quarter-with-more-than-209.html</p>
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