๐ Netflix $NFLX drops ~8% premarket as weak Q3 revenue guidance spooks investors
Netflix posted a barely-there Q2 beat โ EPS of $0.80 vs. $0.79 expected, revenue $12.56B vs. $12.58B โ but the stock is getting hammered premarket because Q3 guidance came in well below the street: $12.86B in revenue vs. consensus of ~$13B. Management also signaled cooling momentum from the password-sharing crackdown and ad-supported tier. Not financial advice. Is this a buy-the-dip moment, or is NFLX's easy growth era over?
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