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...
This post continue from the past 3 post about the credit card:- Credit Card - Friend or Foe (Part 1) Credit Card - Friend or Foe (Part 2) Credit Card - Friend or Foe (Part 3) While part 1 and part 2 mentioned mostly on the pros of the credit card, part 3 talks about the con of using credit card in which I will talk about it in this part. Aside from high interest and a lot of hidden charges, swiping credit card actually give one the false sense of affordability when it comes to buying "wants" products rather than than the necessities. What are the things that we can consider as "wants"? These are the things like the hot gadgets that just released to the market, like the Apple iPhone and iPad, the latest Samsung S4 and many more. These "wants" products are usually not cheap, especially in Malaysia which can cost almost a month of salary, but there is one feature in credit card, in which I mentioned in Part 2 as the pros, if used wisely - the easy ...