Netflix Beats on Profit but Sells Off on Outlook
This article first appeared on GuruFocus. Netflix (NASDAQ:NFLX) fell 9.24% premarket after reporting second-quarter revenue of $12.56 billion, up 13%, just shy of $12.59 billion analysts expected, while diluted EPS reached $0.80 past the $0.79 expected. Operating margin came in at 33.4% and free …