After The Bell
FONT-SIZE Plus   Neg

Netflix Inc. (NFLX) Is Sinking After Q1 Report

Trade NFLX now with 

Netflix Inc. (NFLX: Quote) reported a first quarter net loss of $0.08 per share after the bell Monday, compared to the profit of $1.11 per share in the previous year. The consensus estimate was for a loss of $0.27. The company expects to report second quarter earnings between a loss of $0.10 and a profit of $0.14. The consensus estimate is for a loss of $0.17. The stock is now down 14.49 on 2.2 million shares.

Netflix declined during the first half of the morning Monday and finished down by 4.27 at $101.84 on above average volume. The stock closed near the lower end of a 2-week range.

Click here to receive FREE breaking news email alerts for Netflix Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback:

Business News

comments powered by Disqus