Originally posted on paidContent (old):

Netflix (s NFLX) investors shouldn’t get too excited about the company’s narrow return to profitability in the second quarter. It will be short-lived.

Netflix executives said Tuesday that the $6 million in profit it just posted — which followed a $5 million loss in Q1 — should give way to another loss in Q4 as it prepares to expand in Western Europe beyond the U.K. and Ireland.

Also read:Netflix Q2 – Meets revenue target, misses on subscribers

Speaking to investors after releasing their company’s Q2 data, Netflix CEO Reed Hastings and CFO David Wells described a kind of strategic cycle: the company waits to return to profitability, makes sure all of its other foreign markets are growing, then launches into a new region in which in feels there’s growth opportunity.

With Netflix revealing Tuesday that it has brought in nearly 1 million subscribers in its first six months of…

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