Netflix, Inc. (NFLX)
Shares of NFLX surged more than 9% in after-hours trading Wednesday as the company delivered stronger-than-expected profit in its quarterly financial results.
For its second-quarter 2015, NFLX posted revenues of $1.64 billion, a 22.4% increase year over year, and net income of $26.33 million, or $0.06 per diluted share, exceeding the Capital IQ Consensus Estimate of $0.04 earnings per share for the period.
NFLX added 3.3 million new streaming customers, surpassing the company’s earlier forecast of 2.5 million new net customers for the second quarter.
NFLX is the world’s leading Internet television network with over 57 million members in nearly 50 countries enjoying more than two billion hours of TV shows and movies per month, including original series.
More about Netflix, Inc. (NFLX) at www.netflix.com
Intel Corporation (INTC)
After the closing bell on Wednesday, INTC reported quarterly profit and revenue numbers above Wall Street analysts’ expectations.
For the second quarter 2015, INTC posted revenue of $13.2 billion and net income of $2.7 billion, or $0.55 per diluted share, surpassing the Capital IQ Consensus Estimate of $0.50 earnings per share on revenue of $13.05 billion for the period
According to its business outlook for the third quarter 2015, INTC expects revenue in a range of $13.8 billion to $14.8 billion
INTC is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. As a leader in corporate responsibility and sustainability, INTC also manufactures the world’s first commercially available “conflict-free” microprocessors.
More about Intel Corporation (INTC) at www.intel.com
On Deck Capital, Inc. (ONDK)
ONDK said that in the quarter ended June 30, 2015 it sold a record $143.0 million of loans through OnDeck Marketplace(R), a 55% increase over the $92.1 million of Marketplace sales in the first quarter of 2015.
OnDeck Marketplace(R) is a platform that enables institutional investors to purchase small business loans originated by ONDK
ONDK projects gross revenue between $62.5 million and $63.5 million for the second quarter 2015 (including gain on sale between $11.0 million and $12.0 million), topping the Capital IQ Consensus Estimate of $60.24 million in revenue for the period
According to ONDK, the company expects that several of its key financial and operating metrics for the second quarter, including unpaid principal balance, average loans and metrics derived therefrom, will also be impacted by the record Marketplace sales.
ONDK provides financing products to small businesses in the United States.
More about On Deck Capital, Inc. (ONDK) at www.ondeck.com
Crown Equity Holdings Inc. (CRWE)
CRWE provides marketing solutions that boost customer awareness and merchant visibility on the Internet.
The company is currently developing its growing network of community targeted sites, expected to be a one-stop shop for the various needs of consumers.
CRWE Network’s business model is based on selling advertising to businesses targeting both locally and nationally
Roxzu ( www.roxzu.com ) in development stage, is an on-line e-commerce coupon distribution channel and marketplace for merchants to create brand awareness for their business. The geo-location based mobile marketing application Roxzu is expected to be integrated in all the CRWE Network.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
Disclaimer: The disclaimer is to be read and fully understood before using our site, or joining our email list. CRWE PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE PR Finance www.finance.crwe-pr.com/disclaimer