Netflix’s ‘Concerning’ Second Quarter: A ‘Minor Blip’ or a Warning Sign?

“As the marketplace grows more crowded, and the quality of competitors improves, Netflix will have to work harder to attract subscribers,” analyst Jon Giegengack says

Netflix’s second-quarter performance wasn’t pretty.

Nonetheless, Netflix still finds itself at the top of the streaming mountain, with more than 150 million global accounts. But Wall Street is more concerned with where a company is headed than where it currently stands.

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Sean Burch

Sean Burch

Tech reporter • sean.burch@thewrap.com • @seanb44