Netflix 2Q profit up 4 pct, beats analyst views

July 25, 2008 By MICHAEL LIEDTKE , AP Business Writer

(AP) -- Netflix Inc.'s second-quarter profit crept up 4 percent, beating analyst expectations as the online DVD rental leader signed up 168,000 new customers while spending less money to attract them to the service.

Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .

Similar stories from PHYSorg:

Netflix 1Q profit, subscriber growth soars

Apr 23, 2009 | not rated yet | 0

Netflix ups fees for Blu-ray amid rising demand

Mar 30, 2009 | 5 / 5 (1) | 0

Familiar script: Netflix 2Q tops expectations

Jul 23, 2009 | not rated yet | 0

Netflix 3Q earnings rise 48 pct, but stock falls

Oct 22, 2009 | not rated yet | 0

Comcast 1Q profit up 6 percent on new customers

Apr 30, 2009 | not rated yet | 0

Rate this story - not rated yet

rank
1
2
3
4
5

view popular

Other News

Google's SPDY will speed up downloads

Technology / Internet

1hour ago | 5 / 5 (2) | 2

(PhysOrg.com) -- As part of its effort to speed up the Web, Google is experimenting with SPDY, a new application layer protocol, that it hopes will speed up the conversation between browsers and Web servers ...

India fraud office to prosecute Satyam founder

Technology / Business

1hour ago | 5 / 5 (1) | 0

India's fraud office will file charges this month against the founder of outsourcer Satyam after he admitted to falsifying profits in the nation's biggest corporate fraud, a minister said Monday.

Taiwan, China may develop electric cars together

Technology / Energy

3 hours ago | 5 / 5 (1) | 0

Taiwan and China are looking into developing electric cars together and will hold a conference here next week to seek areas where they can cooperate, a Taipei official said Monday.

A system of space solar power system (SSPS)

Japan eyes solar station in space as new energy source

Technology / Energy

Nov 08, 2009 | 4.8 / 5 (23) | 31

It may sound like a sci-fi vision, but Japan's space agency is dead serious: by 2030 it wants to collect solar power in space and zap it down to Earth, using laser beams or microwaves.

Road trains may be coming soon to Europe (w/ Video)

Technology / Engineering

Nov 13, 2009 | 4.6 / 5 (16) | 22

(PhysOrg.com) -- Road trains linking vehicles together in a traveling convoy are planned for Europe. With only the lead vehicle being actively driven, the road trains would allow commuters to sleep, read a ...