In its second-quarter earnings report, the streaming giant disclosed operating income of $3.8 billion and a margin of 34.1 percent, up double digits from a year ago.

Thursday reported second-quarter profit well ahead of analysts’ expectations, primarily due to favorable foreign-exchange conditions driven by a weakening dollar. The streaming giant NFLX +1.91% reported net income of $3.

It’s not Squid Game — at least not according to the way Netflix ranks its programming. Adolescence, the critically acclaimed U.K. limited series that earned 13 Emmy nominations earlier this week, takes the crown with 144.8 million views worldwide since its March 13 premiere.

The final season of global phenomenon "Squid Game" helped Netflix beat Wall Street earnings targets for the second quarter, and the streaming service raised its revenue guidance for the year. Some investors had hoped for more from the dominant movie and TV streaming service,

Netflix reported total Q2 revenues of $11.08 billion, with an operating income of $3.8 billion and margin of 34.1%, beyond last year and market estimates.

The original partnership between Netflix and Ubisoft began 5 years ago. We'll soon be able to see the fruits of the union with the upcoming adaptation.

Hollywood video game adaptations continue to have a moment. Following the success of HBO's The Last of Us and Amazon's Fallout, Netflix has officially greenlit an Assassin's Creed series. The news comes nearly five years after the company signed a deal with Ubisoft to adapt the franchise.

While rival media companies are unloading assets and cutting costs, Netflix Inc. continues to thrive. The owner of the world’s most popular paid streaming service on Thursday reported second-quarter results that exceeded investor expectations in every major metric,

Netflix topped Wall Street’s second-quarter expectations and raised its full-year forecast for revenue. Earnings per share of $7.19 beat analysts’ consensus by a dime, while revenue of $11.079 billion narrowly exceeded the Street’s outlook.

Wall Street analysts are expecting earnings per share of $7.08, up from $4.88 last year, and revenue of $11.1 billion, up 16%.