Netflix shares fell more than 8% in after-hours trading , as a disappointing second-quarter outlook and leadership changes outweighed otherwise solid first-quarter results. Weak Guidance Sparks Sell-Off Netflix forecast Q2 earnings of US$0.78 per share , below analyst expectations of US$0.84 , while revenue is projected at US$12.57 billion , missing the US$12.64 billion consensus . The weaker guidance raised concerns over near-term growth momentum , triggering a sharp negative market reaction. Strong Q1 Performance Fails to Impress For the first quarter: Revenue rose 16% YoY to US$12.25 billion (above estimates) Earnings surged 86% to US$1.23 per share However, earnings were boosted by a US$2.8 billion one-off termination fee , reducing the quality of underlying growth. Operating margin improved to 32.3% , but still came in below expectations (32.4%) , further dampening sentiment. Rising Costs and Strategic Sh...
With everything going mobile, one might be tempted to get a handheld TV as well especially among the movie lovers. While others might be curious that why he or she should be getting a handheld TV instead of more advanced portable media players like Ipod, well, you pay what you get. Handheld TV is made for TV lovers who plan to install the TV in their cars, or bring their TV set around to watch their favourite TV series and portable media players like Ipod requires one to download the media files from website instead.
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