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Netflix's Q2 Misses Due To Lower-Than-Expected Subscriber Adds, Earns 49 Cents Per Share On $1.07B In Revenue

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http://techcrunch.com – Netflix just released its second-quarter earnings report, missing analyst expectations with lower-than-expected subscriber numbers. For the second quarter, Netflix reported earnings of 49 cents per share on revenues of $1.07 billion. That compared to earnings of 11 cents per share on sales of $889 million in the year-ago quarter. Earnings were above analyst expectations of 40 cents a share, while revenues were in-line with the $1.07 billion forecast for the second quarter. But the most closely watched number was probably Netflix’s domestic subscriber growth. On that front, the company re (IT news)