Netflix's (NASDAQ:NFLX) second-quarter earnings beat expectations on top and bottom lines, and the streaming giant raised full-year revenue expectations. Shares of the company were down nearly 5% by midday on Friday.

Netflix (NFLX) saw a notable 31% increase in its share price over the last quarter, a move that aligns somewhat with the positive broader market trends. Key drivers included the company's share buyback program,

Netflix reported its second-quarter 2025 earnings Thursday and, as per its new custom, the results came sans subscriber data.