Netflix loses 970,000 subscribers, its largest quarterly loss ever

During the three-month period ending June 30, Netflix reported a loss of only 970,000 subscribers. Last quarter, the company had a weak outlook for the second quarter and predicted a net loss of two million subscribers. While today’s results beat the projection, it is still the largest quarterly loss in the company‚Äôs history. The company … Continue reading Netflix loses 970,000 subscribers, its largest quarterly loss ever