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Benzinga
Benzinga
Business
Anusuya Lahiri

Netflix's Blockbuster Profits Overshadowed By 'Anemic' Engagement

Top 10 Netflix Shows Trending Right Now

Despite delivering a robust second-quarter earnings report that surpassed analyst expectations and raised full-year guidance, Netflix (NASDAQ:NFLX) stock dipped over 5% on Friday, leaving investors to weigh strong financials against underlying concerns.

The company reported second-quarter revenue of $11.08 billion, up 16% year-over-year (Y/Y). The revenue total beat a Street consensus estimate of $11.04 billion.

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