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Tag: netflix
Netflix posts strong customer growth in Q1, sees slow Q2
2016-04-19 08:32:00| Telecompaper Headlines
(Telecompaper) Netflix announced first-quarter results better than expected but gave a cautious outlook for the second quarter. The company added 2.30 million new streaming customers in the US and 4.51 million at its international activities, beating its own guidance of respectively 1.75 million and 4.35 million. The total number of streaming subscribers reached 47.0 million in the US and 34.5 million elsewhere, while the company also still had 4.7 million DVD rental customers. Revenues increased 24 percent to USD 1.96 billion in Q1, with growth of 17 percent in the US and 57 percent at the international business. EBITDA fell by 23 percent, and operating profit nearly halved to USD 49 million due to the costs of international expansion. Net profit was still slightly higher due to a gain. After negative cash flow of USD 261 million, Netflix ended the period with USD 1.6 billion in cash.
Tags: customer
posts
strong
growth
Netflix shares fall on growth worries
2016-04-18 23:57:29| BBC News | Business | UK Edition
Netflix shares fall more than 9% in after-hours trading on Wall Street after the video streaming company predicts slower subscriber growth.
Tags: fall
growth
shares
worries
Amazon takes on Netflix with new move
2016-04-18 18:49:41| BBC News | Business | UK Edition
Amazon introduces new monthly subscription services as it steps up efforts to take on video-streaming services such as Netflix and Hulu.
Tags: move
takes
amazon
netflix
DISH Hopper 3 DVR adds Netflix in Ultra HD 4K
2016-04-08 17:00:31| Digital TV News
DISH customers can now stream the Netflix catalogue of Ultra HD TV shows and movies from a Hopper 3 DVR. The Netflix titles join DISH's inventory of Ultra HD content that includes a slate of 4K programming from Sony, The Orchard and Mance Media.
MGA's Project McA2 announces two new Netflix seasons
2016-04-07 10:12:41| Toys - Topix.net
Project McA2 is a popular brand by MGA which has produced toys and media such as a TV show. Project McA2 just announced that it will be producing two new Netflix seasons and weekly online videos that start April 7, 2016.
Tags: project
seasons
announces
netflix
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