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Netflix, Inc. (NFLX)

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Reed Hastings , CEO/Chairman of the Board/President/Director

www.netflix.com

Industry: Retail

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Overview

News

People

Financials

Overview

The Company is an online movie rental subscription service, providing approximately 7.5 million subscribers access 90,000 DVD titles plus a library of more than 6,000 choices that can be watched instantly on their PCs.

Portfolio Articles

Hollywood Streaming
What's to like about Amazon's new video service.
Jul 17 2008
Netflix Rerun
In an echo of dotcom days, DVD-by-mail leader invents a metric to appease worried shareholders. Will Microsoft save the company in the end?
May 30 2008
Netflix's Latest Recommendation
Netflix's Ted Sarandos is hoping to get his movies on every platform possible in order to propel the company to its online future.

Apr 16 2008
Blockbluster, Netflix Make Nice
In a terse statement buried in a regulatory filing, Blockbuster says it resolved a patent fight with Netflix.

Jun 27 2007
Cue the C.E.O.
Netflix founder Reed Hastings is engaged in a real life drama with his arch rival, Blockbuster. So with a vast DVD library at his disposal what films does he find inspiring?

May 30 2007

See more news on this company

News Feeds

Honeywell, EBay, ImClone among big movers AP
Oct 06 2008
Outlook roundup: Netflix, AgFeed Industries AP
Oct 06 2008
Netflix lowers 4Q revenue, subscriber forecasts AP
Oct 06 2008
Netflix adds Starz movies to plan AP
Oct 01 2008
Starz deal adds more streamed movies to Netflix AP
Oct 01 2008
Netflix to offer CBS, Disney shows to customers AP
Sep 23 2008

Portfolio Blogs

Remix Sarah Palin
Oct 06 2008
Netflix Shares Drop After Weak Q4 Predictions
Oct 06 2008
Last Bytes: Gphone, Amazon, Ballmer, Apple
Oct 01 2008

Idle Chatter: The 'View' as Bill Sees It, more
Sep 23 2008
First Bytes: Android, Netflix, MySpace Music
Sep 23 2008

Press Releases

Netflix Updates Third- and Fourth-Quarter Guidance Oct-06-2008, 08:00AM EDT
Netflix and Starz Entertainment Announce Agreement to Make Movies From Starz Play Available for Instant Streaming at Netflix Oct-01-2008, 03:01AM EDT
Netflix Announces Agreements With CBS and Disney Channel to Stream an Array of Current Hit TV Shows at Netflix Sep-23-2008, 12:01AM EDT
8 Contestants, 56 Movies, 121 Hours, the Guinness World Record(R) on the Line Sep-15-2008, 12:00AM EDT
Netflix CFO to Present at Bank of America Investment Conference Sep-03-2008, 04:30PM EDT

News From Around the Web

News

Netflix sees decline in third quarter (Rocky Mountain News, Denver)

Oct 07 2008
Companies increasingly brace investors for current quarter, before sizing up the last one (CNET)

Oct 06 2008
Netflix Not Immune to Economic Woes (Home Media Magazine)

Oct 06 2008
Netflix Adds Starz To Advance Online Strategy (Yahoo! News)

Oct 06 2008
Netflix expects Q3 income of $21M (BizJournals)

Oct 06 2008
Even Netflix Sings the Blues (Motley Fool)

Oct 06 2008
Netflix cuts fourth-quarter outlook, points to economy (Washington Post)

Oct 06 2008
Netflix adds Starz power to online catalogue (Yahoo! News)

Oct 06 2008
Netflix updates Q3, Q4 guidance (BizJournals)

Oct 06 2008
UPDATE 1-Netflix trims 4th qtr revenue, subscriber numbers (Reuters)

Oct 06 2008

Blogs

Sony Bravia Internet Video Link lacks luster (Crave: The gadget blog)

Oct 06 2008
Tech's Getting Beat Up, Too (Portfolio.com: Tech Observer)

Oct 06 2008
Earnings alert: SAP takes a hit (CNET Gadgets Blog)

Oct 06 2008
Remix Sarah Palin (Portfolio.com: Daily Brief)

Oct 06 2008

Employees

Number of Employees: 414

Revenue per Employee: $927,185

Top Executives

Neil Hunt, Other Executive Officer

Barry McCarthy, CFO

Leslie J. Kilgore, Other Executive Officer

Patty McCord, Other Executive Officer

Ted Sarandos, Other Executive Officer/Vice President, Divisional

Board of Directors

Timothy M. Haley, Director

Jay C. Hoag, Director

Charles H. Giancarlo, Director

A. George Battle, Director

Michael N. Schuh, Director

Gregory S. Stanger, Director

Richard N. Barton, Director

Financials

Quarterly

Annual

Income Statement	07/2008	04/2008	01/2008	10/2007
Sales	230.09 Mil.	158.74 Mil.	139.23 Mil.	140.42 Mil.
Gross Operating Profit	107.53 Mil.	167.45 Mil.	163.12 Mil.	153.56 Mil.
Operating Income before D & A (EBITDA)	31.23 Mil.	78.18 Mil.	79.24 Mil.	73.28 Mil.
Total Income Before Interest Expenses (EBIT)	35.89 Mil.	22.6 Mil.	25.05 Mil.	26.64 Mil.
Total Net Income	26.56 Mil.	13.38 Mil.	15.78 Mil.	15.73 Mil.
Basic EPS, Total	0.43	0.21	0.24	0.24
Diluted EPS, Total	0.42	0.21	0.24	0.23

BALANCE STATEMENT	07/2008	04/2008	01/2008	10/2007
Cash and Equivalents	144.29 Mil.	168.99 Mil.	177.44 Mil.	179.8 Mil.
Total Assets	359.15 Mil.	326.16 Mil.	416.53 Mil.	418.32 Mil.
Total Liabilities	204.35 Mil.	226.96 Mil.	212.58 Mil.	187.83 Mil.
Total Capitalization	390.42 Mil.	355.43 Mil.	430.75 Mil.	434.44 Mil.

Cash Flow	07/2008	04/2008	01/2008	10/2007
Net Cash From Continuing Operations	NA	77.75 Mil.	290.14 Mil.	205.73 Mil.
Net Cash From Investing Activities	NA	4.33 Mil.	-449.13 Mil.	-385.94 Mil.
Net Cash From Financing Activities	NA	-90.52 Mil.	-64 Mil.	-40.42 Mil.
Net Change in Cash & Cash Equivalents	NA	-8.45 Mil.	-222.99 Mil.	-220.63 Mil.

Income Statement	2008	2007	2006	2005
Sales	561.18 Mil.	469.85 Mil.	357.55 Mil.	188.25 Mil.
Gross Operating Profit	644.16 Mil.	526.81 Mil.	324.66 Mil.	317.97 Mil.
Operating Income before D & A (EBITDA)	301.95 Mil.	216.75 Mil.	108 Mil.	107.56 Mil.
Total Income Before Interest Expenses (EBIT)	111.5 Mil.	80.32 Mil.	8.74 Mil.	21.95 Mil.
Total Net Income	66.95 Mil.	49.08 Mil.	42.03 Mil.	21.6 Mil.
Basic EPS, Total	1	0.78	0.79	0.4
Diluted EPS, Total	0.97	0.71	0.64	0.32

BALANCE STATEMENT	2008	2007	2006	2005
Cash and Equivalents	177.44 Mil.	400.43 Mil.	212.26 Mil.	174.46 Mil.
Total Assets	416.53 Mil.	428.42 Mil.	243.69 Mil.	187.35 Mil.
Total Liabilities	212.58 Mil.	193.45 Mil.	137.59 Mil.	94.91 Mil.
Total Capitalization	430.75 Mil.	414.21 Mil.	226.25 Mil.	156.28 Mil.

Cash Flow	2008	2007	2006	2005
Net Cash From Continuing Operations	290.14 Mil.	247.86 Mil.	162.98 Mil.	147.57 Mil.
Net Cash From Investing Activities	-449.13 Mil.	-185.87 Mil.	-138.72 Mil.	-68.38 Mil.
Net Cash From Financing Activities	-64 Mil.	126.18 Mil.	13.31 Mil.	5.6 Mil.
Net Change in Cash & Cash Equivalents	-222.99 Mil.	188.17 Mil.	37.8 Mil.	84.57 Mil.

Netflix, Inc. (NFLX)

Company Information

Overview

Employees

Top Executives

Board of Directors

Financials

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