Netflix experienced a strong second quarter with revenue reaching 11.08 billion dollars, up 16 percent year-over-year, driven by price hikes, increased memberships, and ad revenue growth. Earnings per share surpassed estimates at 7.19 dollars, and operating margins exceeded expectations. The company saw widespread revenue gains globally, particularly in Asia Pacific. Looking ahead, Netflix raised its third-quarter guidance and expects revenue to continue rising, fueled by popular titles and an expanding advertising business.