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Todd Spangler
NY Digital Editor
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Julian Dakdouk/Netflix via AP Content Services The sky isn’t falling for Netflix — but the streaming giant needs to convince investors it has a workable plan to sustain double-digit revenue and earnings growth ahead.
The company on Thursday posted Q2 results in line with Wall Street expectations, but Q3 revenue guidance was below expectations. That fueled fears that on a per-user basis, Netflix’s engagement is decelerating, indicating headwinds for subscription and ad revenue growth. Its stock price tumbled to an 18-month low.
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