TITLE

Netflix sinks on weak guidance

AUTHOR(S)
Bond, Paul
PUB. DATE
July 2006
SOURCE
Hollywood Reporter -- International Edition;7/25/2006, Vol. 395 Issue 19, p13
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents information on the financial performance of online DVD rental pioneer Netflix Inc. The company's shares fell by more than 20% in after-hours trading on July 25, 2006, after the company offered guidance that disappointed Wall Street. The company reported a second-quarter profit of $16.8 million, and revenue came in at $239.4 million.
ACCESSION #
22050401

 

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