Netflix Delivers Solid Quarter As Paid Adds Crush Estimates
It's been a very long time since Netflix's quarterly results counted as a major market event.
The company's worth $300 billion on a good day, which is to say it's largely irrelevant in a world dominated by trillion-dollar behemoths.
Still, Netflix's results mark the unofficial beginning of "big"-"tech" earnings, so I typically cover them.
On Thursday, the company said paid net adds were 8.05 million in Q2, which looked like yet another huge beat. Consensus was 4.87 million.
This marks the