India, July 16 -- Streaming giant Netflix Inc. (NFLX) on Thursday reported higher second-quarter earnings and revenue, driven by membership growth, pricing actions and rising advertising revenue.
Second-quarter net income increased to $3.40 billion or $0.80 per share, from $3.13 billion or $0.72 per share a year ago.
Revenue rose 13% to $12.56 billion from $11.08 billion last year, in line with the company's guidance.
Operating income climbed to $4.19 billion from $3.77 billion a year earlier, while operating margin was 33.4%, compared with 34.1% in the prior-year quarter.
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1568189509843-0'); });
By region, revenue increased 10% in the U.S. and Canada, 14% in Europe, the Midd...