Netflix Q2 customer growth falls short of expectations after price hike

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(Telecompaper) Netflix fell short of expectations in its customer growth in the second quarter, both in the US – where customers declined for the first time – and at its international operations. The company forecast a recovery in the third quarter, with net additions of 7.0 million. The share price fell around 11 percent in after-hours trading. 
Source: Industry News (syndicated from Telecompaper.com)

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