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Netflix Q3 results better than expected
2013-10-22 08:46:00| Telecompaper Headlines
(Telecompaper) Netflix reported third-quarter results better than expected, growing its customer base to over 40 million. In the US, the streaming video service added 1.29 million net subscribers for a total 31.09 million, better than the company's outlook for 30.90 million. On its international markets, Netflix gained 1.44 million new customers for a total 9.19 million, also higher than 8.65 million forecast. The company attributed the growth to expansion in the Nordic and Netherlands, as well as an increase in customers taking its free trial in Latin America. Netflix posted revenue of USD 1.106 billion, up from USD 905 million a year earlier, and EPS improved to USD 0.52 from USD 0.13, ahead of its outlook of USD 0.43. Free cash flow was a positive USD 7 million. For the fourth quarter, Netflix forecast net customer adds of 2.01 million in the US and 1.31 million abroad, Revenues and profitability are expected to improve in both areas, leading to EPS of around USD 0.60.
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Internet Privacy is Dead: 3 Companies Know More Than the NSA
2013-10-22 00:14:12| IT Services - Topix.net
When Edward Snowden released fresh information about extended NSA surveillance, the reaction was swift, bipartisan, and one of indignation.
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Will Obamacare's Federal Health Exchange Cost 5 Times More Than Estimates?
2013-10-21 16:20:28| Beverages - Topix.net
There's really no way to sugarcoat it -- it's been a very unimpressive and largely ugly start to the enrollment in Obamacare.
Will Obamacare's Federal Health Exchange Cost 5 Times More Than Estimates?
2013-10-20 13:37:43| IT Services - Topix.net
There's really no way to sugarcoat it -- it's been a very unimpressive and largely ugly start to the enrollment in Obamacare.
Data Confirms iPhone 5s More Popular Than iPhone 5c
2013-10-14 22:34:32| PC Magazine Cell Phones Product Guide
Multiple reports suggest that Apple's high-end iPhone 5s is outselling its plastic 5c counterpart. But by just how much is still unknown.
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