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Netflix reports growth

Netflix reported results for the second quarter ended June 30, 2008. Company has 25 percent year-over-year growth in subscribers and a 14 percent increase in EPS for the quarter. Netflix ended the second quarter of 2008 with approximately 8,411,000 total subscribers, representing 25 percent year-over-year growth from 6,742,000 total subscribers at the end of the second quarter of 2007 and 2 percent sequential growth from 8,243,000 subscribers at the end of the first quarter of 2008.

Results:

Subscribers - 8.4 million
Revenue - $337.6 million
GAAP Net Income - $26.6 million

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  • Filed under: Business
  • Broadband at 16.4 Tbps

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  • Filed under: Hardware
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  • Filed under: Press Release
  • Active Kill Disk Hard Drive Eraser ia an application that will allow you to remove unwanted data from your PC.
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  • Filed under: Security