San Francisco (ap)-the video subscription service Netflix company in the third quarter, in its largest outflow lost 800000 customers of history, even if its earnings growth of 65%.
Loss bigger than previously warned management. Unwelcome surprise, published Monday in the financial performance, and because of a 1 million of thousands of Netflix company email user requirement cancel service DVD, increase in price, went into effect last month response prediction.
Scorched the bad news has about the stock shares fell 26% above.
The Netflix between consumers and investors lost its luster, by increasing the price is as high as 60%, in the United States and clumsily trying to emerge from its DVD mail rental service.
So far this year in September, the company is in California Ross and torres, 23.8 million U.S. users, down about 800000 June. Netflix company had predicted it will lose in the forecast released last month, the United States has about 600000 users.
Management in the quarter is expected to get the united user, although Netflix company not a specific target. But a lot of the Netflix customers, through the mail is expected to rent DVD or video through the high speed Internet connection, and not pay two kinds of service between choice.
The biggest blow, is expected to DVD, the company have been stressed Netflix, in order to save the cost of money as its mailing costs more Internet video library license movies and TV programs service. The company expects its DVD users in late December, from September 30 of the 139000 decline for 103000 low.
Netflix company won $162.5 million in the third quarter, or every 1. $16,. , compared with $38 million, or 70 cents per share, the income of the same period last year.
Performance breakthrough between 96 cents analysts estimate accept FactSet research the average income.
The company's revenue growth from 49% last year, to nearly $822 million-about $9 million more analysts estimate.
Netflix's share price fell 31.19, or $more than 26%, to $87.35, after trading Monday's plate.




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