Netflix reported its first quarterly earnings for the year 2012 on Monday, and although the company experienced a drop in total revenue of $6 million (from $876 million last quarter to $870 million now), as well as a net loss in income of $5 million, the company actually did better than Wall Street expected, given Netflix’s tumultuous 2011.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=99485