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Netflix Reports EPS of $0.11 Per Share on 2Q Revenue of $63 Million, Up 74% Year Over Year
DVD News, July, 2003
DVD News 07-21-2003 Netflix Reports EPS of $0.11 Per Share on 2Q Revenue of $63 Million, Up 74% Year Over Year DVD NEWS-21 July 2003-Netflix Reports EPS of $0.11 Per Share on 2Q Revenue of $63 Million, Up 74% Year Over Year (C)1999-2003 DVD News. Distributed for AM Newswire Inc via M2 Communications Ltd (www.m2.com).
Netflix announced strong financial results for the quarter ended June 30, 2003. According to Reed Hastings, founder and CEO of Netflix, "The consumers' love affair with the subscription rental model we pioneered at Netflix enabled us to once again achieve record results in the current quarter." Total revenue for the second quarter was a record $63.2 million, up 74 percent compared to $36.4 million for the second quarter 2002, and up 14 percent...
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