Netflix (NFLX) Plans 25% Price Hike to Loyalist Customers
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Netflix (NFLX) Gives Up Gains as Domestic Slowdown, Cash Needs Overshadow Booming International Growth
January 20, 2016 11:18 AM ESTAfter trading up nearly 10% after-hours on its earnings beat, Netflix (NASDAQ: NFLX) has done a complete 360 and is now down 6.8%. Downside comes amid general market malaise and as investors weigh slowing growth in the U.S. versus booming International growth.
Netflix reported Q4 EPS of $0.10, versus the analyst estimate of $0.02. Revenue was $1.82 billion, versus $1.83 billion expected. The company said domestic subscribers grew 1.56 million, which was below the consensus estimates of 1.62 million and guidance of 1.65 million. International was a different story with the... More
