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Netflix Reels in 10 Million Subscribers in Q2 as Coronavirus Tailwinds Continue

Netflix Coronavirus covid-19 2020
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variety.com
variety.comvariety.com:

Todd Spangler NY Digital EditorNetflix again saw a boom from COVID-19 lockdowns, packing on 10.1 million net new streaming subscribers in the second quarter — easily setting a new Q2 record for the company.

But a lighter-than-expected Q3 forecast and an earnings miss sent the stock down in after-hours trading.The results topped Netflix’s prior forecast of 7.5 million paid-subscriber adds in the period, though several analysts had predicted an even bigger haul.

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