Netflix reports Q2 revenue of $4.9B, up 26% YoY, and total paid membership of 152M, up 22% YoY, but it added 2.7M new subs, down from 5.5M YoY; stock down 10%+
Fellow shareholders, As expected, revenue growth accelerated 400 basis points to 26%, and operating income increased 53% year over year in Q2.