Netflix, BlackSky Technology, and Other Stocks Moving Lower in Friday's Pre-Market Session

Netflix's Q2 revenue reached $11.08 billion, up 16% YoY, beating the Street consensus estimate. The company raised its full-year revenue guidance to $44.8-$45.2 billion. Other stocks moving lower in pre-market trading include Northern Dynasty Minerals, Sarepta Therapeutics, BlackSky Technology, Greenlane Holdings, Zai Lab Limited, and Joby Aviation.

Netflix (NFLX) has reported its second-quarter (Q2) earnings, showcasing robust financial performance that exceeded Wall Street expectations. The streaming giant reported revenue of $11.08 billion, a 16% year-over-year (YoY) increase, surpassing the Street consensus estimate of $11.07 billion. The company also raised its full-year revenue guidance to between $44.8 billion and $45.2 billion [1].

Key highlights from Netflix's Q2 earnings report include:
- Revenue Growth: Netflix's revenue grew by 16% YoY, driven by increased subscription prices and ad sales. The company attributed this growth to higher subscription prices and the addition of more members to its ad-supported tier.
- Earnings Per Share (EPS): Netflix's EPS of $7.19 easily beat the consensus estimate of $7.07, demonstrating strong profitability.
- Full-Year Revenue Guidance: The company raised its full-year revenue guidance to $44.8 billion to $45.2 billion, primarily due to favorable currency movements and continued business momentum.
- Advertising: Netflix's ad revenue is on track to double in 2025, reflecting the growing contribution of its ad-supported tier. The company noted that its ad tech platform rollout was completed and is performing in line with expectations.

Despite the positive earnings report, Netflix's stock dipped in after-hours trading, potentially due to short-term valuation concerns. However, the company's long-term growth prospects remain strong, with a focus on expanding its content slate and leveraging its ad-supported tier to drive revenue growth.

Stock Performance: Netflix shares were trading lower in pre-market trading, along with other stocks such as Northern Dynasty Minerals, Sarepta Therapeutics, BlackSky Technology, Greenlane Holdings, Zai Lab Limited, and Joby Aviation.

Conclusion: Netflix's Q2 earnings report highlights the streaming giant's resilience and growth potential. The company's strategic pivot towards advertising and its content-driven growth strategy position it well for continued success. However, investors should remain vigilant about the stock's valuation and the potential risks associated with short-term market fluctuations.

References:
- [1] https://www.cnbc.com/2025/07/17/netflix-nflx-earnings-q2-2025.html
- [2] https://deadline.com/2025/07/netflix-q2-2025-earnings-streaming-1236461524/
- [3] https://finance.yahoo.com/news/netflix-stock-slipping-despite-q2-153343038.html
- [4] https://www.ainvest.com/news/netflix-q2-earnings-signal-undervalued-growth-streaming-driven-world-2507/