NFLX has been brought down to the 4/25/2011 and 6/21/2011 level on this daily chart. Earnings where slightly off and the stock dropped 31 and change in after hours trading. Sub are cancelling, due to price increase and will have to see if we have buyers come in a purchase this thing back up.
- Monday 4:26 PM More on Netflix's (NFLX) Q2: U.S. subscribers expected to rise only slightly in Q3, to 25M. 10M streaming-only, 3M DVD-only, and 12M both streaming and DVDs. Q3 revenue expected to be $780M-$805M, below $847M consensus. 16.3% operating margin in Q2, but company maintaining 14% target for 2011, due to higher streaming-related expenses. NFLX -8.7% AH. (PDF) Comment![Tech, Earnings, On the Move]
- Monday 4:14 PM Netflix (NFLX): Q2 EPS of $1.26 beats by $0.15. Revenue of $788.6M (+52% Y/Y) misses by $2.9M. 25.6M total subscribers (24.6M in U.S.) in line with guidance for 24.9M-25.8M. Guides for Q3 EPS of $0.72-$1.07, below $1.09 consensus. Shares -7.7% AH. (PDF) [Tech, Earnings, On the Move]
