Netflix (NFLX) and the Streaming Wars Message Board

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Technology Stocks : Netflix (NFLX) and the Streaming Wars

NFLX 105.04

-1.8%

9:46 AM EST

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From: i-node	7/25/2011 4:16:38 PM
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I hope everyone was prepared for this. ====================== Netflix ( NFLX) this afternoon reported Q2 revenue below expectations but earnings per share that beat estimates. Revenue in the three months ended in June rose to $788.6 million, yielding EPS of $1.26 per share. Analysts on average had been expecting $791.5 million and $1.11 per share. For the current quarter, the company sees revenue of $780 million to $805 million, and EPS of 72 cents to $1.07 per share. Analysts have been modeling $846.5 million and $1.09. Netflix shares are down $22.18, or almost 8%, at $259.35 in late trading.

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