Netflix Continues to Grow


	Netflix Continues to Grow

muckdog

7-25-2008 4:29 PM

253 views

muckdog says:

Love Netflix. I have the Roku streaming box hooked up to the TV. I've mostly watched older classic movies and some stuff I missed along the way. One stinker was Mark Hamill in 1993's Time Runner. Avoid at all costs. I didn't make it all the way through it.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/925e20c2-1611-463f-9993-f0f6a4091209/71007945-9E9F-498A-82A8-C18BFB39D37B/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://blogs.barrons.com/techtraderdaily/2008/07/25/netflix-q2-eps-45-beats-shares-rally/" href="http://blogs.barrons.com/techtraderdaily/2008/07/25/netflix-q2-eps-45-beats-shares-rally/" style="font-size: 11px;">blogs.barrons.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.barrons.com/techtraderdaily/2008/07/25/netflix-q2-eps-45-beats-shares-rally/"><P>Netflix added 1.38 million subscribers in the quarter, up 35% from a year earlier, it said, for a total of 8.4 million subscribers. Compared to the previous quarter, it represents only a 2% increase. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.barrons.com/techtraderdaily/2008/07/25/netflix-q2-eps-45-beats-shares-rally/"><P>Netflix is clearly expecting a pick-up in sequential subscriber additions. The company said it will add between 700,000 and 1.3 million more subscribers by over the next two quarters, to end the year with a total of as many as 9.7 million subs.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.barrons.com/techtraderdaily/2008/07/25/netflix-q2-eps-45-beats-shares-rally/"><P>Apparently, the cost to add subscribers wasn’t terribly punishing this quarter, <A href="http://blogs.barrons.com/techtraderdaily/2008/04/22/netflix-credit-suisse-downgrades-sees-margin-pressure/">contrary to what some predicted:</A> gross profit as a percentage of sales rose from the prior quarter’s 31.7% to 31.8%, though that is down from the year earlier’s 35%. Free cash flow nearly doubled year-over-year to $12.5 million, the company said.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/71007945-9E9F-498A-82A8-C18BFB39D37B/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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