Netflix Stock Falls as Subscriber Growth Slows

Netflix brought in $889 million in revenue in the second quarter of 2012, precisely in line with analysts' expectations, the company disclosed in its earnings release Tuesday afternoon.

But the news wasn't all good: The company's U.S. online subscriber base rose only marginally, from 23.41 million in the first quarter to 23.94 million at the end of the second. That's about a third the number of new subscribers Netflix added between Q4 2011 and Q1 2012. The company lost about 850,000 DVD subscribers during the quarter, which now amounts to 9.24 million.

Netflix's international markets to continue to grow in terms of subscribers, albeit moderately: Netflix now has more than 1 million mem…
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