Wall Street isn't impressed by Netflix's quarterly results

Netflix for the period ending June 30 added 630,000 streaming subscribers in the U.S. for a total of 28.6 million, just behind HBO's 28.8 million customers. However, Netflix shares fell 6.2% in after-hours trading as the growth didn't meet analysts' projections and CEO Reed Hastings sought to tamp expectations about future growth. In related news, Netflix will continue to expand its original content, via full-length documentaries and standup comedy.

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