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Two analysts explain what Netflix's earnings say about the streaming wars

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Netflix's earnings report showed a mixed picture. “I think we’re moving to a future where there’s going to be content options available from a streaming perspective,” analyst Michael Graham said earlier.

Netflix reported a beat on earnings per share and revenue but missed on paid domestic subscriber additions. The stock popped after the report.

Michael Graham, managing director and senior equity analyst at Canaccord Genuity, and Bernie McTernan, internet and media analyst at Rosenblatt Securities, join "Squawk Box" to discuss.

 

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