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Netflix soothes Wall Street concerns with customer growth forecast

By Lisa Richwine

Jul 20 2022 8:46AM

Plans to launch ad-backed service next year.

Netflix soothes Wall Street concerns with customer growth forecast

Netflix on Tuesday averted its own worst-case scenario of subscriber losses, posting a nearly 1 million drop from April through June, and predicted it would return to customer growth during the third quarter. Shares, which have fallen roughly 67 percent this year on concerns about the company's ...

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