Netflix, Inc. provided earnings guidance for the third quarter of 2022. Third quarter revenue growth forecast of 5% translates into 12% year over year revenue growth on a constant currency basis. Similarly, excluding the impact of currency, operating profit growth would be -3% year over year (vs forecast decline of -29%) and operating margin would be 20% (vs forecast of 16%).
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- Netflix, Inc. Provides Earnings Guidance for the Third Quarter of 2022