Netflix(NFLX.US) Q2 earnings exceed expectations, raises full-year revenue and profit margin guidance.

According to the Wise Finance APP, while other media companies are divesting assets and cutting costs, Netflix (NFLX.US) continues to thrive. The streaming giant's second-quarter financial report released on Thursday showed that all major financial indicators exceeded investor expectations, and the company also raised its full-year revenue and profit margin guidance. The report shows that Netflix's Q2 revenue grew by 15.9% year-on-year to $11.08 billion, better than the analysts' general expectation of $11.06 billion. Operating profit was $3.775 billion, compared to $2.603 billion in the same period last year; the operating profit margin was 34.1%, compared to 27.2% in the same period last year. Diluted earnings per share were $7.19, better than the analysts' general expectation of $7.08, compared to $4.88 in the same period last year.