ETFs to Tap Netflix's Q2 Earnings Beat
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Netflix's (NASDAQ:NFLX) second-quarter earnings beat expectations on top and bottom lines, and the streaming giant raised full-year revenue expectations. Shares of the company were down nearly 5% by midday on Friday.
Tom Rogers, Claigrid executive chairman and former NBC Cable president, joins 'Squawk Box' to discuss Netflix's quarterly earnings results, what's next for the streaming giant, state of the streaming wars,
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Barchart on MSNNetflix Produces Strong Q2 FCF, But NFLX Stock Dips - Is It a Buy Here?Netflix produced good Q/Q revenue growth and its FCF grew 14.2% Y/Y, but dipped on a Q/Q basis. NFLX stock could be a bargain, given its 20.4% FCF margin, and using a 1.65% FCF yield. Shorting OTM puts works as well.