Don’t be too down on the stock based on Friday’s move, though. This was still a solid set of results that showcased the strength of Netflix’s “flywheel” business model —whereby it can carry on growing its margins by reinvesting its profit into producing content, which in turn attracts more users.

U.S. stock index futures inched higher on Friday, buoyed by signs of a resilient U.S. economy, even as Netflix's market-beating quarterly profit failed to dazzle investors.

Netflix Inc. beat expectations for second-quarter results and continues to trounce rival media companies, yet the shares slipped on Friday as investors took a pause after the stock has nearly doubled over the past year.