Netflix, Inc. (NASDAQ:NFLX) reported its earnings today for the quarter ending in June. In the three months the company earned $0.11 per share on revenues of $899 million. The company has faced challenges in the last year reflected in these numbers.

In the same period last year Netflix, Inc. (NASDAQ:NFLX) posted earnings of $1.26 per share. The substantial drop in profitability is . . .

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