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0 -0.000747663551401938 0.00084961767204756 -0.00339847068819039 0.00084961767204756 -0.00509770603228551 -0.00162276975361102 -0.00339847068819039
Stock impact report

Netflix Quarterly Revenue Rocks on Better-Than-Expected Subscriber Growth [Yahoo! Finance]

Paramount Skydance Corporation - Class B (PSKY) 
Company Research Source: Yahoo! Finance
Better ad sales and higher subscription prices also kicked in. We did not actually get an updated subscriber total on Thursday. What we did get was a set of financials that topped expectations, both internal and external. For the March quarter, Netflix posted diluted earnings of $1.23 per share on $12.250 billion in revenue, up 16 percent from the prior year. Net income was $5.283 billion; operating income was nearly $4 billion (+18 percent). The company previously forecast its Q1 2016 revenue at $12.157 billion, and predicted $3.264 billion in profit, which would have diluted to 76 cents per share. More from The Hollywood Reporter Brian Williams Returns: Former NBC News and MSNBC Anchor Launching Netflix Podcast Kit Connor, Taika Waititi to Voice Animated 'Charlie vs. the Chocolate Factory,' Netflix Drops First Look Netflix Sets Korean Drama 'The Facade of Love' From 'World of the Married' Director Mo Wan-il The big beat at the bottom line was thanks in large part to a $2 Show less Read more
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