Netflix announced yesterday that first-quarter earnings will rise to 48 to o58 cents a share on sales of as much as $496 million. Analysts estimated profit of 44 cents on average and revenue of $487.4 million.
Earnings for the full year will be $2.28 to $2.50 a share on sales of as much as $2.11 billion, Netflix said. That compares with analysts’ estimates of earnings of $2.22 a share and revenue of $2.04 billion.
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