On Thursday, Netflix (NASDAQ: NFLX) reported its second-quarter results after market close.
The quarterly earnings were $0.80 per share, slightly surpassing analyst expectations of $0.79 per share. However, this represented a decrease compared to the same period last year.
The firm recorded revenue of $12.56 billion for the quarter, which was below the anticipated $12.59 billion but marked a 13.4 percent increase year over year.
Netflix said that its financial performance remains solid and is on track to meet its objectives for the year. In the second quarter, revenue grew significantly on year over year, with an operating margin of 33 percent, both aligning with guidance.
For the third quarter, the company expects revenues of $12.86 billion, reflecting an 11.7 percent increase year over year, and earnings of $0.82 per share.
Looking ahead to 2026, Netflix narrowed its forecasted revenue range to $51.0-$51.4 billion and continues to project an operating margin of 31.5 percent, consistent with prior guidance.
After-hours, Netflix, Inc. (NASDAQ: NFLX) is down 9.01 percent to $67.65. During the regular trading session, the stock closed at $74.35.
