5 big takeaways from Netflix’s stellar Q4 earnings report

By | January 21, 2015

Scalper1 News

Netflix (NFLX) got mixed reviews for its latest original show, “Marco Polo,” but received a standing ovation late Tuesday for its globe-trotting fourth-quarter earnings report. The Los Gatos, Calif.-based company earned 72 cents a share excluding items in Q4, compared with analyst expectations of 45 cents a share. Including a one-time tax benefit, Netflix earned $1.35 a share in the quarter. Sales rose 26% to $1.48 billion, in line with views. Netflix ended Q4 with 57.4 million streaming video subscribers worldwide, vs. its forecast for 57.1 million. The upside came from better-than-expected growth in international markets. Scalper1 News

Scalper1 News