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      Netflix Reports Slight Revenue Increase Amid Share Price Decline

      Netflix experienced a significant drop in its share price, falling over 8 percent on Thursday. This decline occurred despite the company reporting quarterly revenue of $12.25 billion, which marginally exceeded market expectations.

      The streaming service also announced a profit of $5.28 billion for the quarter. This profit was positively impacted by a fee received from the termination of a deal to acquire Warner Bros. The combination of these financial results did not prevent the sharp decline in share value.

      © 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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