Netflix is trading 5.9% down at $70.00 in after-hours trading after reporting a Q2 revenue miss and a tempered growth outlook.
- The company reported a slight revenue miss despite a modest beat on EPS and maintaining its operating margin guidance.
- Management reiterated its full-year 2026 guidance and highlighted continued growth plans for its advertising business.
- Investors appear focused on the tempered growth outlook, which overshadowed strong operating margins and steady guidance.