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Netflix's Big Q4 Beat Pushes Stock To New Highs, Plans To Spend Nearly $8 Billion On Content In Q1
Monday, January 22, 2018 - 5:45pm | 342Netflix, Inc. (NASDAQ: NFLX) shares are surging after posting a fourth quarter sales beat and issued strong first quarter guidance. The streaming giant reported fourth quarter GAAP EPS of 41 cents. Sales came in $60 million above estimates at $3.286 billion. Q4 net streaming adds totaled 8.33...
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Netflix Paying Big Money For Will Smith Movie: Good Or Bad?
Monday, March 21, 2016 - 3:18pm | 442Netflix, Inc. (NASDAQ: NFLX) has reportedly committed $90 million to purchase the rights to fantasy cop thriller "Bright" starring Will Smith. The big budget makes "Bright" Netflix’s largest movie deal to date. Netflix reportedly won a bidding war with Time Warner Inc...
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LinkedIn Ends 2013 On A High Note, But Disappoints Investors
Thursday, February 6, 2014 - 5:55pm | 873LinkedIn (NASDAQ: LNKD) has once again posted earnings results that are above consensus, but it wasn't enough to keep some investors from selling their shares. The career-targeted social networking site now has approximately 277 million members, but LinkedIn neglected to say how many of them are...