Netflix misses its own subscriber targets but still tops 130 million subs

LOS GATOS, Calif. – Streaming giant Netflix said Monday it missed its own forecast for subscriber additions, but still had a strong second quarter, topping the 130 million global subscriber mark.The company added 5.2 million new customers in the quarter ended June 30th, 2018, which was the same as 2017’s Q2, but was lower than the 6.2 million in additions that it predicted.That said, earnings, margins, and revenue were in-line with its forecasts and way up from prior year. The company took in US$3.9 billion in revenue in the quarter, a 40% jump compared to Q2 2017. Its operating margin...