Streaming giant Netflix (NFLX) - Get Report disappointed Wall Street with significantly weaker-than-expected Q2 subscriber additions, and its stock was paying the price in after-hours trading on Wednesday.
Netflix reported that it only added 2.7 million subscribers in the second quarter, versus previous guidance for 5 million adds, sending shares down almost 11% to $323. Revenue of $4.92 billion slightly missed a $4.93 billion consensus, while EPS of $0.60 beat a $0.56 consensus.
TheStreet's tech columnist, Eric Jhonsa, is analyzing the company's earnings report and then the "video interview" with Netflix executives that's scheduled to begin streaming at 6 p.m. ET. To submit questions, please sign in at the top of the chat window and type in your question.