TechSpot: Netflix revenue and subscriber base rise but Wall Street isn't happy

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Netflix revenue and subscriber base rise but Wall Street isn't happy
Jul 23rd 2013, 16:15, by Shawn Knight

Despite reporting soaring revenue and moderate subscriber gains for the second quarter, Netflix was unable to meet Wall Street’s expectations in both categories. For the quarter ending June 31, the streaming media service accounted for revenue of $1.069 billion which fell short of expectations of $1.072 billion. Quarterly income shot...

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