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Netflix shares drop after revenue forecast disappoints despite second-quarter profit growth

· Business USA

Netflix reported a 13 percent rise in second-quarter revenue to $12.56 billion and net income of $3.40 billion, but the streaming giant's stock fell more than 8 percent in after-hours trading after its third-quarter earnings guidance missed consensus estimates.

Subscriber growth led in Latin America, Asia, and Europe, while the company narrowed its 2026 revenue forecast to between $51 billion and $51.4 billion. Earnings per share of 80 cents edged past Wall Street estimates, aided in part by a $2.8 billion contractual penalty received from Warner Bros. Discovery in February following a terminated acquisition.

Looking ahead, Netflix said it expects ad revenue to double to $3 billion this year. The company also announced it will publish viewership data only on an annual basis starting in 2027.

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zeit.de DEU Video-Streaming: Netflix steigert Umsatz und Gewinn nach Zweifeln der Anlegerberlingske.dk DNK Netflix skuffer investorer trods stigning i omsætningcnbc.com USA Here's what to expect when Netflix reports earnings after the bell
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finanzen.ch CHE Netflix-Aktie tiefer: Umsatzwachstum verfehlt Erwartungen - Gewinn springt anfinance.yahoo.com USA Netflix Reported Record Quarterly Revenue of $12.6 Billion, but Guidance Came in Below Expectations. Here’s What It Means for Investors.nikkei.com JPN 決算:Netflix、成長鈍化で株価一時9%急落 4〜6月は値上げで9%増益 - 日本経済新聞rtp.pt PRT Lucro da Netflix aumenta 8,8% no segundo trimestreelpais.com ESP Netflix eleva un 8,8% su beneficio en el segunto trimestre, pero decepciona con sus previsionesbusinesstimes.com.sg SGP Netflix earnings forecast disappoints Wall Street, shares tumblerte.ie IRL Netflix earnings forecast disappoints, shares tumbleeuropapress.es ESP Netflix ganó un 8,8% más en el segundo trimestre, hasta 2.969 millones

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