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NASDAQ Morning Mover: Netflix (NFLX) Big Moves on Fourth Quarter Earnings
Category: Investment
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Visit: Netflix, Inc.
Point Roberts, WA - January 24, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research issues a trading alert for Netflix, Inc. (NFLX) , trading at $141.51 , spiking $38.25 or 37.04% as of 10:17AM EST following fourth quarter results. The stock traded as high as $149.17 in earlier trading.
According to the letter to shareholders;
Q4 capped a tremendous year for Netflix as Internet TV becomes an ever-growing part of people’s lives:
- we added nearly 10 million global streaming members in 2012,
- we grew to over 33 million global streaming members,
- we generated profits for the year 2012, despite large international investments establishing Netflix in 40 countries around the world, and
- we developed several major original series, which debut this year
Please visit the Netflix investor relations website at http://ir.netflix.comto view the Q4'12 financial results and letter to shareholders.
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) is pioneering Internet television at www.netflix.com or follow Netflix on Facebook and Twitter.
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