The streaming video giant only added 5.15 million subscribers worldwide compared to 6.2 million expected, although it beat earnings expectations of $0.79 per share by reporting $0.85 EPS for the quarter. By contrast, in the first quarter, Netflix blew away expectations for both national and international subscriber growth. In addition, for the third quarter, Netflix guided for five million subscriber additions (650,000 in the U.S. and 4.35 million international), below a consensus of around six million. Shares were tumbling more than 13% after-hours on Monday after the results and guidance were released.
TheStreet's tech columnist, Eric Jhonsa, is analyzing the company's earnings after the close and then a "video interview" with Netflix executives that's scheduled to begin streaming at 6 p.m. Eastern time. Please share your questions and comments in the window at the top of the blog.