Netflix Profit Rises - Quick Facts

(RTTNews) - Netflix Inc. (NFLX) Monday reported second-quarter net income of $29.5 million or $0.49 per share, compared with $6 million or $0.11 per share last year.

Revenues for the quarter were $1.069 billion, compared with $889 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.40 per share on revenues of $1.07 billion for the quarter. Analysts' estimates typically exclude special items.

Looking ahead, the company expects third-quarter net income of $18 million to $34 million, or $0.30 to $0.56 per share. The company expects domestic streaming revenues of $693 million to $701 million, international streaming revenues of $170 million to $184 million, and domestic DVD contribution profit of $96 million to $108 million.

Analysts currently expect earnings of $0.45 per share on revenues of $1.10 billion for the third quarter.