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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Media

Netflix, TD Ameritrade Holding, Adobe Systems, ResMed Inc - AFTER HOURS

Proactive takes a look at what was piquing interest after hours in New York

Netflix (NASDAQ:NFLX) was the big story after the bell, with shares adding almost 9% to US$247.77 after the streaming king posted its latest quarterly earnings and its marketcap exceeded US$100bn for the first time.

Earnings per share (EPS) were US$0.41 on US$3.29bn in revenue, which beat analysts' expectations.

It's that time of the year again. The @netflix numbers are bonkers. BONKERS. 24m new customers in 2017. Global subscribers up 117.6m. Valuation tops $100bn. 4th quarter sales up by a third to $3.29bn.

>>> Future of (streamed) TV ever clearer. In fact, it's already underway.

— Amol Rajan (@amolrajanBBC) 23 January 2018

The company also added 1.98mln US subscribers, beating the 1.29mln, which had been expected by Wall Street.

Elsewhere, broker TD Ameritrade Holding Corp (NASDAQ:AMTD) added 2.72% to US$57.40 after the New York bell.

It posted EPS of US$0.52 per share on revenue of US$1.26bn, well beating Wall Street expectations of US$0.50 per share on revenue of US$1.2bn.

To software, Adobe Systems Inc (NASDAQ:ADBE) added 2.61% to US$203 after it emerged that finance chief Mark Garrett and General Counsel Mike Dillon will retire this year.

Adobe said it would search internally and outside the company to find replacements for both positions.

Lastly, ResMed Inc (NYSE:RMD) shares added almost 10% to US$96.18 after the bell as the specialised medical supply manufacturer reported financial results, which pleased investors, including 13% year-on-year revenue growth.

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