Plus   Neg

Netflix Inc. Reports Decline In Q4 Profit

Netflix Inc. (NFLX) revealed earnings for fourth quarter that fell from last year.

The company's bottom line came in at $542.16 million, or $1.19 per share. This compares with $586.97 million, or $1.30 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.39 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 21.4% to $6.64 billion from $5.47 billion last year.

Netflix Inc. earnings at a glance:

-Earnings (Q4): $542.16 Mln. vs. $586.97 Mln. last year.
-EPS (Q4): $1.19 vs. $1.30 last year.
-Analysts Estimate: $1.39
-Revenue (Q4): $6.64 Bln vs. $5.47 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT