Netflix Q2 earnings report

In its latest earnings report for shareholders, Netflix has just reported a loss of 970,000 subscribers during the 2nd quarter of 2022. Moreover, Netflix had also reported a growth in revenue of 8.6% driven by the increase in average paid memberships and average revenue per membership (ARM).

Although it may seem troubling for Netflix with its 2nd straight quarter reporting a subscriber loss, the company expects its subscriber count to grow by 1 million and its revenue grow even further by 5% during Q3 of 2022. Now, let's talk about smartphones… Despite the Galaxy Tab ban in Europe and continuous patent wars against its arch enemy, Apple, the Korean giant Samsung was still able to pull off an impressive $5.86 billion worth of earnings as revealed in its Q2 financial report – a 79% growth compared to last year's.

Our coverage of Netflix Q2 earnings report includes: "Netflix loses nearly 1 Million subscribers in Q2 of 2022 but sees growth in revenue"; "Netflix to launch in SG, HK, South Korea and Taiwan"; "Q2 earnings: Apple, Samsung up; LG, RIM down". Each article provides unique insights and information.