Netflix today announced its earnings for the second quarter of 2018. "Strong, but not stellar," was the way the company put things in its letter to shareholders. Here's what you need to know:

  • Netflix has 130 million total memberships as of the end of June 2018.
  • It added a net of 5.2 million members — same as in the second quarter of 2017.
  • Only 700,000 of those new 5.2 million new members were in the United States.
  • The international growth in Q2 is 8 percent year-over-year.
  • That's important to keep an eye on because we know Netflix has been toying with new pricing tiers in Europe.
  • Streaming revenue was up 43 percent year over year.

All in all those numbers didn't match Netflix's estimates, which is something investors care about, but end-users don't.



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