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...
It is official....Star Wars: The Force Awakens have smashed the US Box Office record.
The previous record, was set by Jurassic World in June with $208.8m. Disney's Star Wars smashes the record for the biggest box office debut weekend in North America with ticket sales of $238m.
The new Star Wars film has taken an estimated $517m globally in three days - putting it just behind Jurassic World's $525m tally. While it fail to top Jurassic World's global opening figures, analysts believe the space saga has a huge potential to become the biggest-selling movie of all time, especially since Jurassic World's figure has taken into account of their opening in China which was over the same weekend where it opened everywhere else. Star Wars: The Force Awakens, on the other hand will not debut in the world's second biggest cinema-going territory until 9 January.
With the trio stars from the original trilogy, Harrison Ford, Carrie Fisher and Mark Hamill to reprise their Han Solo, Princess Leia and Luke Skywalker roles alongside the younger franchise newcomers, the movie that is set to "a galaxy far, far away" some 30 years on from the action of 1983's Return of the Jedi had been receiving plenty of good reviews and feedbacks. Fans are loving it and the movie is also attracting the younger generation.
The force it strong with Disney on this one it seems....
The previous record, was set by Jurassic World in June with $208.8m. Disney's Star Wars smashes the record for the biggest box office debut weekend in North America with ticket sales of $238m.
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| Star Wars: The Force Awakens |
The new Star Wars film has taken an estimated $517m globally in three days - putting it just behind Jurassic World's $525m tally. While it fail to top Jurassic World's global opening figures, analysts believe the space saga has a huge potential to become the biggest-selling movie of all time, especially since Jurassic World's figure has taken into account of their opening in China which was over the same weekend where it opened everywhere else. Star Wars: The Force Awakens, on the other hand will not debut in the world's second biggest cinema-going territory until 9 January.
With the trio stars from the original trilogy, Harrison Ford, Carrie Fisher and Mark Hamill to reprise their Han Solo, Princess Leia and Luke Skywalker roles alongside the younger franchise newcomers, the movie that is set to "a galaxy far, far away" some 30 years on from the action of 1983's Return of the Jedi had been receiving plenty of good reviews and feedbacks. Fans are loving it and the movie is also attracting the younger generation.
The force it strong with Disney on this one it seems....
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