Friday, July 25, 2008
Smart Money, Mad Money, Mo’ Money Added to Netflix CEO Rental Queue
The slowing economy has been kinder to Netflix than most. On Friday the online DVD rental pioneer posted its sixth consecutive quarter of profit, handily beating estimates. Analysts, on average, had expected Netflix to post a second-quarter profit of 40 cents a share. Instead, the company reported a profit of 42 cents a share.





