Post Profile

Netflix Soars 20% As Subscribers Smash Expectations But Cash Burn Explodes

There was some long overdue good news for Netflix longs, when moments ago NFLX reported that in Q3 revenue and EPS of $2.29 billion and $0.12 beat expectations of $2.28 billion and $0.06 respectively. But the reason why the stock is surging 20% after hours is because the growth appears to be back as a result of a surge in Q3 streaming subscribers, which jumped by370K domestically and 3.
read more


Related Posts


Business & Finance : Business Insider: Money Game

Netflix earnings are out! It's a beat on the top and bottom line with EPS $0.73 versus $0.55 expected and revenue of $876 million versus $857 million expected. The stock is up 16% after hours. More to come, click here for latest. He...

Netflix Shares Soar After It Beats Q3 Earnings And Subscriber Expectations

Industries / Entertainment Industry : Deadline Hollywood

Netflix appears to have killed it in Q3 with numbers that sent its stock price up more than 19% in post market trading. The streaming company generated net income of $51.5 million, up 75% vs the period last year, on revenues of $2.2...

NFLX Beats Q4 EPS On Tax Gain, Misses Revenues, Guides Lower, Cash Burn Soars, Reports $9.5Bn In Off-Balance Sheet Obligations

Business & Finance : Zero Hedge

All algos that were short NFLX into earnings were just brutalized and stampeded into an epic short-covering squeeze when the company announced Q4 EPS of $1.35, nearly double the $0.72 expected. However, as usual, there is more here ...

Netflix Soars 20%: Q3 Sub Adds 3.6 Million Crush Expectations

Business & Finance / Investing : Tech Trader Daily

Streaming video pioneer Netflix (NFLX) this afternoon reported Q3 revenue slightly above consensus and profit that trounced expectations, and blew away its own forecast and Street estimates with its subscriber additions, sending its...

NFLX Goes Full Amazon: Burns Record Amount Of Cash But Stock Surges On Jump In International Subscribers

Business & Finance : Zero Hedge

The Amazon model of burning countless amounts of cash in hopes of one day reaching profitability has fully arrived at Netflix, which moments ago reported earnings of $0.38 missing consensus expectations of $0.63 wildly on soaring ex...


Copyright © 2016 Regator, LLC