Netflix reported second-quarter revenue of $11.1bn, up 17% when ignoring currency moves.
Operating income rose 45% to $3.8bn, with operating margin improving from 27% to 34%, both ahead of expectations driven by higher revenue and the helpful timing of some costs.
Free cash flow rose 87% to $2.3bn, with net debt ending the quarter at $6.1bn.
Third quarter revenue is expected to grow 17% when ignoring currency moves, with an operating margin of 31%. Full year revenue guidance has ticked higher given favourable currency moves to $44.8-45.2bn (previously $43.5-44.5bn).
The shares were down 1.7% in overnight trading.
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