Netflix, Inc.(NASDAQ:NFLX) fell over 20% in pre-market session after the company posted lower than estimated subscribers growth. However, the company reported higher than estimated third quarter earnings and said that it earmed 11 cents a share on revenue of $889 million, topping analysts target of a profit of 5 cents a share on revenue of $889 million. At least as important, though, are the video service’s subscriber numbers. Here investors were looking for 24.3 million domestic streaming subscribers, 9.1 million DVD subs, and 3.7 million subscribers from Canada, Latin America and the UK, and Netflix didn’t quite get there: 23.9 million domestic, 9.2 million DVD, and 3.6 million international.
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Buffalo Wild Wings(NASDAQ:BWLD) lost over 11% as the company posted lower than estimated second-quarter profit and revenue on lower margin. The company earned $11.7 million, or 62 cents a share on revenue of $238.7 million, compared to a year ago profit of $10.7 million, or 58 cents a share. Analysts were estimating the company to report 68 cents a share on revenue of $240 million.
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Juniper Networks, Inc.(NYSE:JNPR) shares jumped over 7% in pre-market session as the company reported better than estimated second-quarter revenue and profit. The company earned 19 cents a share on revenue of $1.07 billion, ahead of analysts’ target of 16 cents a share on revenue of $1.05 billion.
For the third quarter, the company projects to earn 15 cents to 18 cents a share on sales of $1.04 billion to $1.08 billion. Analysts on average had estimated profit of 21 cents and revenue of $1.11 billion.