Netflix is set to report earnings after the bell

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The report is a chance for Netflix to prove how it plans to compete against legacy media companies that are now expanding into streaming.

The company has been steadily burning cash as it fuels its massive content spend.

Reed Hastings attends Reed Hastings panel during Netflix 'See What's Next' event at Villa Miani on April 18, 2018 in Rome, Italy.is expected to release its earnings report for its second quarter of 2019 after the bell on Wednesday.Revenue:

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