Netflix (NFLX $181.53 -27.18) lowered its third quarter domestic
subscriber guidance; lowers streaming to 21.8 million from 22 million, lowers
DVD to 14.2 million DVD from 15.0 million.
The company also reaffirmed its earnings guidance of $0.72 to $1.07 versus the
$1.02 Capital IQ Consensus Estimate; expects revenue to be in the range of
$799.5 million to $828.5 million versus the $818.88 million Capital IQ Consensus
Estimate.
"We know our decision to split our services has upset many of our subscribers,
which we don't take lightly, but we believe this split will help us make our
services better for subscribers and shareholders for years to come."






