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July 26 2011

09:59

Investors worried because Netflix announces "only" light revenue growth

Business Insider :: Matt Rosoff discusses Netflix latest Q2 earnings report, that beat expectations, but the stock is down more than 8% after hours on light revenue and just-OK subscriber numbers. Investors are worried because the company expects Q3 subscriber numbers to grow more slowly than they did last year because of a recent price increase. The company also said that Facebook integration will launch soon, but only outside of the U.S.

Continue to read Matt Rosoff, www.businessinsider.com

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