Netflix posted revenue of $11.08 billion in the second quarter, beating analysts' expectations and up 16% year-on-year.
Gabriel Dumitrache
International
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Netflix reported Q2 2023 revenue of $11.08 billion, slightly above analyst estimates. Net revenue rose to $3.1 billion and operating margin came in at 34.1%. The company expects full-year revenue to be between $44.8 billion and $45.2 billion. Netflix plans to double its ad revenue and will introduce interactive ads in the second half of the year.
Sources
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