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Monday, October 24, 2011

Netflix's (NFLX) - Down 23.6% AH

After Hours Earning News:
Q3 EPS of $1.16 beats by $0.21. Revenue of $822M (+ 49% Y/Y) beats by $10.2M. Company forecasts Q4 EPS of $0.36-$0.70, below a $1.09 consensus.
  
More on Netflix's (NFLX) Q3: Total domestic subscribers declined by 810K, international subs grew by 510K. 20M-21.5M streaming subs expected in Q4, compared with 21.45M in Q3. Domestic DVD subscribers expected to fall to 10.3M-11.3M from Q4's 13.9M. International subs expected to grow to 1.6M-2M from Q4's 1.48M. NFLX -23.5% AH.

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