Streaming giant Netflix Inc. (NASDAQ: NFLX) has confirmed its much-anticipated move into video games, even as it reported slowing subscriber growth in the second quarter.
Shares of Netflix (NASDAQ:NFLX) fell, then rose after the company reported Q2 results.
Quarterly Results
Earnings per share rose 86.79% over the past year to $2.97, which missed the estimate of $3.15.
Netflix (NASDAQ: NFLX) reports earnings after the close. The expected move from the options market is about 5.5%, or about $29 in either direction. Recent earnings have seen moves of -7%, +16% and -7%, via the Options AI Earnings Calendar: