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...
We are just less than a week to 2013 and I guess it is time for us to reflect on our annual financial goal and how are we doing or whether we are still in on track to achieve our financial goal, or whether we are lagging behind. We should always check our financial goal quarterly, and I always check, just to ensure that the goal that I set earlier is achievable and on track to achieve it. If not, then what is the problem until we are side track or off target. Always reviewing this will ensure that we set a more realistic goal in the future, achieving financial goal will give us a feel of fulfillment. Anyway, back to my financial goal, I usually set a very basic and generic financial goals which is to grow the stocks portfolio by about certain percentage, tithing and to clear certain percentage of debt. This year, it will not be any different as well - the only different being that I forgotten to blog it out. The stocks portfolio growth by about 24%, with about 29% of the growth ...