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Netflix with high revenue increase in Q4 2011

The American company Netflix, which deals with distribution of video content, throw a bomb with a report for the fourth quarter of 2011. In recent months, the company which is a clear leader in the promotion of market capitalization among companies from S & P 500 this year, was placed under pressure, but the results significantly exceeded forecasts. The Netflix's profit for the last three months of 2011 was 41 million USD, or 73 cents a share. Revenues did amount to 876 million USD. This is a deterioration in the profitability from the fourth quarter of 2010, when it amounted to 47 million USD, or 87 cents a share. Revenues were then nearly 50% less - 596 million USD. The expectations of analysts was for earnings of 54 cents per share and 857.3 million USD. The strong statement delivered after the end of yesterday's session, a real cause euphoria among investors. Netflix's market capitalization rose by as much as 21 percent to about $ 114 per share.
"The results were better than expected or are not as bad as we feared", said Mark Manahath from Citigroup for MarketWatch. "More importantly, they imply that the company has returned to his results before the apocalypse", he added. Apocalypse as it indicates massive sale of shares of Netflix, which last year took their price by more than 300 USD per share to about 60 USD per share. Now place the analyzer target is to reach 125 USD a share capital of Netflix.
The Netflix projections are that in the first quarter of 2011 the company will record a loss within 9 to 27 million USD, or between 16 and 49 cents a share. The reason for the increased costs to exit the international market, mainly for entry to the UK.