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...
As we all read it from the news everywhere that the household debt in Malaysia is on the rise and the household debt has been going from 66.7% in 2009 to 74.6% end of 2010. What this is actually telling us is that for every RM1,000 that we earn, RM746 is used to serve loan ( source ). While I have been thinking of promoting debt or loan in this blog, but finally kill the idea of doing that as I know there are many people who cannot control once they stepped into the world of debt - even a financial pro. Below is the story of How a Financial Pro Lost His House . I find that this article can serve as a reminder to us that excessive leveraging has its danger as well. ONE night a few years ago, when the value of our home had collapsed, our debt was out of control and my financial planning business was shaky, I went to take out the trash. There was this enormous window that looked right in on the kitchen table, and through it I could see my wife, Cori, and our four children eating dinner. I...