Netflix reports Q2 membership growth of 5.2M, 1M less than forecast, and a profit of $384M, up from $65M last year; stock down 14% after hours (Wall Street Journal)

Wall Street Journal:
Netflix reports Q2 membership growth of 5.2M, 1M less than forecast, and a profit of $384M, up from $65M last year; stock down 14% after hours  —  Video site blamed faulty internal forecasting, not business reasons like price increases  —  Netflix Inc. missed its own forecasts …

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