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Netflix's numbers are out!
At first glance it looks like it's a huge beat!
The stock is up 24%.
The two big numbers are below, we're reading over the release now and will have more shortly
- Revenue: $945 Million versus $934.5 Million
- EPS: $0.13 versus -$0.13
- Earnings guidance: sees 1Q EPS $0.00-$0.23, estimated was -$0.07.
We'll have the investor letter shortly, in the meantime...
- Netflix 4Q domestic streaming adds 2.05 million subscribers.
- Netflix 4Q international streaming adds 1.81 million subscribers.
- Netflix 4Q domestic DVD subscribers adds negative 0.38 million subscribers.
Here's some more information from MarketWatch:
LOS GATOS, Calif., Jan. 23, 2013 /PRNewswire via COMTEX/ -- Netflix, Inc. NFLX +25.51% has released its fourth-quarter 2012 financial results by posting them to its website. Please visit the Netflix investor relations website at http://ir.netflix.comto view the Q4'12 financial results and letter to shareholders.
As previously announced, Netflix management will host a live Q&A session at 3:00 p.m. Pacific Time to discuss the Company's financial results and business outlook, with questions submitted via email. Please email your questions to email@example.com. The company will read the questions aloud on the call and respond to as many questions as possible. After email Q&A, we will also open up the lines to take live follow-up questions. The dial-in for the live earnings Q&A session is: (760) 666-3613.
Media inquiries should be directed to Jonathan Friedland at (310) 734-2958 or firstname.lastname@example.org.
A live webcast and the replay of the earnings Q&A session can be accessed on the investor relations section of the Netflix website at http://ir.netflix.com . The telephone replay of the earnings Q&A session will be available from 6:00 p.m. Pacific Time on January 23, 2013 through midnight on January 27, 2013. To listen to the replay, call (855) 859-2056, conference ID# 87568545.
About Netflix, Inc.
Netflix is the world's leading Internet television network with more than 33 million members in 40 countries enjoying more than one billion hours of TV shows and movies per month, including original series. For one low monthly price, Netflix members can watch as much as they want, anytime, anywhere, on nearly any Internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments. Learn more about how Netflix NFLX +25.51% is pioneering Internet television at www.netflix.com or follow Netflix on Facebook and Twitter.
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