Netflix (NFLX) Slammed After Lower Guidance

September 15, 2011 7:06 AM EDT
Netflix, Inc. (Nasdaq: NFLX) is down 5.7% following lower subscriber guidance.

Reduces streaming-only domestic user count from 10 million to 9.8 million, and DVD-only accounts from 3 million to 2.2 million users. Total domestic users accounts was lowered from 22 million to 21.8 million.

Financial guidance was unchanged.


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