Netflix has been running lines from a similar script for the past three years: widening its lead in video streaming while delivering financial results that have easily exceeded the analyst projections that steer investors.
While Netflix's profit eclipsed Wall Street's expectations by a wide margin in the April-June quarter, its revenue came in right around the bar set by analysts. The Los Gatos, California, company earned $3.1 billion (€2.7bn), or $7.19 per share, a 46% increase from the same time last year. Revenue rose 16% to $11.08bn (€9.5bn).
