Monday, July 25, 2011

Netflix revenue up but misses analyst expectations

Netflix (NFLX) this afternoon accounted Q2 gross beneath outlooks but earnings per share that beat approximations.
Gross in the three months complete in June rose 52% to $788.6 million, bearing EPS of $1.26 per share.
Analysts on the average had been expecting $791.5 million and $1.11 per share.
The company complete the quarter with 24.6 million subscribers, it stated, which was toward the high end of the company’s own forecast of 24 million to 24.6 million, but beneath some Street estimates

Read more ...

No comments:

Post a Comment