Netflix Posts Solid Q2 Results, Raises Full-Year Revenue Forecast

Core Insights - Netflix exceeded Wall Street's expectations for Q2 earnings, reporting earnings per share of $7.19 and revenue of $11.079 billion, surpassing analyst consensus [1] - The company raised its full-year revenue forecast for 2025 to a range of $44.8 billion to $45.2 billion, up from the previous target of $43.5 billion to $44.5 billion [2] - The increase in revenue forecast is primarily due to the depreciation of the U.S. dollar and strong business momentum from member growth and ad sales [3] Financial Performance - Netflix has stopped reporting subscriber numbers, stating that other metrics provide a better financial performance picture; however, subscriber growth was noted to be ahead of forecasts [4] - Total viewing hours increased by 1% in the first half of 2025 compared to the same period in 2024, with subscribers watching over 95 billion hours of content [5] - Netflix shares have risen over 40% in 2025, closing at $1,274.17, slightly below the all-time high of $1,341.15 reached in June [6]