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      Netflix Reports Quarterly Revenue Slightly Above Expectations Amid Share Price Decline

      Netflix experienced a significant drop in its share price, falling over eight percent on Thursday. This decline occurred after the company announced its quarterly revenue of $12.25 billion, which marginally exceeded analysts' expectations.

      Despite the revenue increase, Netflix reported a profit of $5.28 billion for the quarter. This profit was notably enhanced by a fee received from the termination of a deal to acquire Warner Bros.

      The mixed financial results have raised concerns among investors, leading to the sharp decrease in share value, reflecting the market's reaction to the company's performance.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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