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Netflix edges lower; Q2 revenue largely in line with estimates

ReutersJul 17, 2025 8:17 PM

** Shares of streaming giant Netflix NFLX.O down 1.4% at $1,256.02 in extended trading

** Company raised revenue guidance for 2025 to $44.8 bln to $45.2 billion from $44.5 bln, citing the weakening of the U.S. dollar plus "healthy member growth and ad sales"

** NFLX beat Wall Street expectations for Q2 profit with $7.19/share vs analyst estimate of $7.08/share - LSEG

** Q2 revenue stood at $11.08 bln, above estimates of $11.07 bln

** As of last close, NFLX up ~43% YTD

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