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Netflix's (NFLX -3.1%) Q1 sales are tracking to $870M-$875M, slightly below a consensus of...

Netflix's (NFLX -3.1%) Q1 sales are tracking to $870M-$875M, slightly below a consensus of $877M, says ITG Research; the firm adds the positive reception to House of Cards could lead trends to improve. ITG's comments are producing a moderate selloff in Netflix, which remains up over 3x since October.
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Comments (4)
  • SoldHigh
    , contributor
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    House of Cards was outstanding. More, please.
    22 Feb 2013, 10:36 AM Reply Like
  • DIgitalMediaView
    , contributor
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    Will House of Cards help catch-up on revs going forward? Here's where the binge release experiment, which garnered a lot of up-front attention 3-4 weeks ago, may come back to bite NFLX. Two recent assessments conclude that the marketing stunt may actually have hurt the longer-term value of HoC to NFLX, gauged by declining social media buzz (http://nyti.ms/12NaEgT) and search volume (http://bit.ly/13gwQvf).
    22 Feb 2013, 11:23 AM Reply Like
  • Tvaddic
    , contributor
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    I wouldn't put all my weight behind this. 1. They are off by a little bit so it can go either way. 2. Last quarter everyone said NFLX was going to post a loss, you just don't know with NFLX.
    22 Feb 2013, 11:28 AM Reply Like
  • DIgitalMediaView
    , contributor
    Comments (668) | Send Message
     
    Being reported elsewhere (http://bit.ly/XKKIxl) that yesterday's NFLX sell-off was more due to the new investor lawsuit over misleading statements on FB by Reed, and that SEC is also reviewing with possibility of government bringing lawsuit (http://bloom.bg/131AygU). Anyone have insight?
    23 Feb 2013, 10:48 AM Reply Like
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