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    Netflix Reports $12.5 Billion Revenue Despite Stock Drop

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    Netflix announced revenues of over $12.5 billion for the quarter ending June, a 13.4% increase year-on-year, with profits of $4.2 billion. However, its stock fell nearly 10% post-results, raising concerns about slowing growth and content pipeline issues. Investors are wary as major hits conclude and subscription costs rise, leading to increased piracy.
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