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 know, food is very important part in our budgeting. We cannot be too stingy on our food, allocating too few, we might end up starving end of the month while over allocation and we might ended up gaining few pounds end of the month - which is not something that we wanted. Anyway, we need to make sure we have sufficient allocation on food, and while for some of us who are renting room near to our working area and do not have the luxury to make our own food, there are some who are able to do so - which is good, as you can spend time doing something useful and at the same time reducing the food cost and finally bring down the monthly food allocation which can in turn make the savings or investment allocation higher. For the next few blog post, I will try to post the details of few of the ways to cut the food bills. The following are the brief summary of how you can cut the food bills whenever you are thinking to save for annual vacation, or just trying to cut the amount y...