
On CNBC's “Halftime Report Final Trades,” Blue Line Capital’s Bill Baruch named Netflix, Inc. (NASDAQ:NFLX) as his final trade.
On the earnings front, Netflix, on July 17, reported upbeat second-quarter financial results and raised full-year revenue guidance. Netflix reported second-quarter revenue of $11.08 billion, up 16% year-over-year. The streamer’s revenue total beat a Street consensus estimate of $11.04 billion according to data from Benzinga Pro. The company reported second-quarter earnings per share of $7.19, beating a Street consensus estimate of $7.06.