Netflix Beats Its Own Low Expectations; U.S. Sub Growth Guidance Implies Continued Slow Growth
Netflix has beaten its own low guidance for third-quarter subscriber adds in both the international (3.20 million net adds, versus guidance of 2.0 million) and U.S. segments (0.37 million net adds, versus guidance of 0.4 million), owing to new customer interest in original content. The company also issued weak U.S. subscriber guidance for the fourth quarter (1.45 million), as management expects some continued impact from grandfathering. Revenue and adjusted operating income were slightly ahead o...Netflix is engaged in subscription streaming entertainment service including TV series, documentaries and feature films across a variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any internet-connected screen. Members can play, pause and resume watching, without commercials. Additionally, several members in the United States subscribe to the company's DVD-by-mail service. The company improves its streaming content with a focus on a programming mix of content. The company's members can download a selection of titles for offline viewing. The company operates its business as a global operating segment.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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