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July 23, 2013 12:10 am GMT

Netflix's Q2 Misses Due To Lower-Than-Expected Subscriber Adds, Earns 49 Cents Per Share On $1.07B In Revenue

netflixbuilding4Netflix just released its second-quarter earnings report, missing analyst expectations with lower-than-expected subscriber numbers. For the second quarter, Netflix reported earnings of 49 cents per share on revenues of $1.07 billion. That compared to earnings of 11 cents per share on sales of $889 million last year.

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