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Netflix has spent over $30 billion on content since 2014 — over a third of it in the last year alone
Netflix's shared its Q2 earnings results on Monday, reporting subscriber growth that missed the mark by a little over a million. The stock price tumbled as some investors got worried.
Goldman Sachs expects yet another breakout quarter for the streaming giant.
Netflix reported 5.2 million subscribers when investors were only expecting 3.2 m
The streaming site is set to release its earnings after the bell on Monday. Investors are expecting $0.16 earnings per share and $2.76 million in revenue.
With big shows set to launch in the fourth quarter, Netflix's stock may be set to pop soon.