There’s an odd set of numbers being posted today by Netflix as they report their earnings for the first quarter of 2012, including losses in DVD, gains in streaming, and a global revenue drop from this past quarter. There’s always two (or more) ways to look at an earnings call, and this is certainly one for the books: $826 million in total domestic revenue for domestic sales only, this down from $847 million the quarter before and up from $706 million last year this same quarter. All that with significant gains in both domestic and international streaming subscribers – a surprising number, actually.
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There’s an odd set of numbers being posted today by Netflix as they report their earnings for the first quarter of 2012, including losses in DVD, gains in streaming, and a global revenue drop from this past quarter. There’s always two (or more) ways to look at an earnings call, and this is certainly one for the books: $826 million in total domestic revenue for domestic sales only, this down from $847 million the quarter before and up from $706 million last year this same quarter. All that with significant gains in both domestic and international streaming subscribers – a surprising number, actually. »read more
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