Shares of Netflix were down about 2% at 5:44 p.m. New York time in extended trading. The stock has nearly doubled over the past year and the company’s market value tops $500 billion. That makes Netflix worth more than Walt Disney Co., Comcast Corp. and Warner Bros. Discovery Inc. combined.

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%.