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Netflix, Inc. (NFLX)

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  • Jan. 25, 2012, 4:48 PM
    More on Netflix: Its Q4 beat was mostly due to a 220K Q/Q increase in domestic streaming subs, beating guidance for a 1M-1.5M decline, and contributing to a division margin of 10.9%, above a forecast of 8%. Domestic DVD subs fell to 11.2M, near the high end of Netflix's guidance range. International streaming subs grew by 380K to 1.86M, and are expected to reach 2.5M-3.1M in Q1, though a Q1 loss of $108M-$118M is forecast for the division. NFLX +14.3% AH. (.pdf)
  • Jan. 25, 2012, 4:10 PM
    More on Netflix's Q4: Company expects Q1 revenue of $842M-$877M vs. $847.8M consensus. Expects EPS of -$0.49 to -$0.16 vs. -$0.30 consensus. Sees domestic streaming net adds of 1.1M-1.9M for the quarter, but sees its domestic DVD subscriber base falling by 1.2M-1.8M. NFLX +13.1% AH. (.pdf)
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  • Jan. 25, 2012, 4:04 PM
    Netflix (NFLX): Q4 EPS of $0.73 beats by $0.18. Revenue of $876M (+47% Y/Y) beats by $18.1M. Shares +12.9% AH. (.pdf)
  • Jan. 25, 2012, 9:42 AM
    Amazon (AMZN) weighs a move to beef up its video-streaming service, possibly carving it out as a stand-alone, subscription-based operation that would set it in the same competitive orbit as Netflix (NFLX), NY Post reports. “The big issue is their bundled media service,” an industry exec says. “The subscription service, with the goodies being free video, is contractually an issue for the licensers.”
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  • Jan. 25, 2012, 12:10 AM
    Notable earnings after Wednesday's close: AMLN, CCI, CTXS, DRE, ETFC, JEC, LRCX, LSI, MUR, NE, NFLX, OI, PMTC, SNDK, SUSQ, SWK, SYMC, TER, URI, ZNGA
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  • Jan. 24, 2012, 5:35 PM
    Notable earnings after Wednesday's close: AMLN, CCI, CTXS, DRE, ETFC, JEC, LRCX, LSI, MUR, NE, NFLX, OI, PMTC, SNDK, SUSQ, SWK, SYMC, TER, URI, ZNGA
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  • Jan. 23, 2012, 11:40 AM
    Data Explorers observes short interest starting to build again in Netflix (NFLX): "The percentage of shares outstanding on loan has risen by 38% over the past month to 12%. It is still half the level of two years ago... but could denote a weight of increased bearish sentiment." Data Explorers' top five in shorts outstanding: ESI, MDP, URI, VPRT, MEG.
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  • Jan. 23, 2012, 9:59 AM
    Piper Jaffray remains a believer in Netflix (NFLX -3.8%) ahead of its Q4 report this Wednesday, differing from other more gloomy assessments. Despite "shooting itself in the foot," NFLX still has a significant lead in online subscription video, the firm says. "Expectations have been reset and investors are becoming increasingly comfortable that churn will stabilize and gross adds will return."
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  • Jan. 23, 2012, 9:23 AM
    Netflix (NFLX) -1.8% premarket after Wedbush reiterates a Sell ahead of Wednesday's Q4 report. The firm expects a repeat of Netflix's Q3 disaster (I, II) to unfold, with solid Q4 results being overshadowed by guidance for heavy Q1 losses. Wedbush sees Netflix guiding for Q1 EPS of -$0.62, well below a -$0.29 consensus, and also sees 2012 consensus estimates falling by at least $1/share. (previously)
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  • Jan. 23, 2012, 9:00 AM
    Premarket gainers: MFN +29%. CVM +10%. BVSN +9%. CHK +7%. FRO +5%. SWN +5%. CGO +3%. NBG +3%. FST +3%. DANG +3%. LYG +3%.
    Losers: FSC -4%. RIMM -4%. NFLX -3%. SIRI -3%.
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  • Jan. 20, 2012, 5:58 PM
    Netflix (NFLX) announces Chief Marketing Officer Leslie Kilgore is resigning from her position, and will join Netflix's board as a non-executive director; the company will conduct an external search for a new CMO. Given the PR fiascos of the last year, speculation is bound to exist that Kilgore was kicked upstairs. (earlier)
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  • Jan. 20, 2012, 1:38 PM
    Netflix's (NFLX) streaming service offers just 5 of the top 100 2011 movies compared to 10 one year ago and in the 40s for Amazon (AMZN), iTunes (AAPL), and Vudu (WMT). The data make even clearer Netflix's move away from offering popular movies on a subscription basis and towards more of a TV-network type model, writes Tristan Louis.
  • Jan. 20, 2012, 12:56 PM
    Netflix (NFLX -2.6%) gives back some of its recent gains following a critical note from Caris' David Miller. Miller thinks Netflix will guide for operating losses for at least the next 2 quarters during Wednesday's Q4 report, and remains concerned about the potential for higher licensing payments to EPIX. However, B. Riley's Eric Wold is lifting his PT to $125 on hopes of better-than-expected domestic subscriber growth.
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  • Jan. 19, 2012, 12:35 PM
    Why does Big Media favor SOPA legislation that's so punitive toward web companies like Google? Edward Jay Epstein surmises it has as much to do with protecting the pipe as it does protecting the content itself. "These golden geese are in danger of being strangled to death by video streaming," so anti-piracy talk really comes in second to stunting the growth of even legitimate online distribution.
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  • Jan. 19, 2012, 12:23 PM
    Contributing to Netflix's (NFLX +4.9%) rally may be an NPD report claiming the company's Q4 share of the disc rental market was 25%, and its share of the paid digital movie rental market was 55%. While down from Q3 levels, the figures might be soothing fears of massive Q4 share losses. NPD also claims Coinstar's (CSTR +1.7%) share of the disc rental market rose 1200 bps in 2011, to 37%.
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  • Jan. 19, 2012, 11:35 AM
    Class-action suits or not, Netflix (NFLX +5.7%) continues to rally ahead of next Wednesday's Q4 report, thanks to optimism about stabilizing subscriber levels and the company's U.K./Ireland launch. Shares are now up 50% YTD, and up 67% from their Nov. 30 low. 18.4% of Netflix's float was shorted as of Dec. 30; it's quite likely that figure is now lower.
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Company Description
Netflix Inc operates as an Internet television network providing TV shows & movies which include original series, documentaries & feature films. The Company has three segments namely Domestic streaming, International streaming & Domestic DVD.
Sector: Services
Country: United States