News Source: Los Angeles Times
| about 1 month ago
Continuing its huge growth in the midst of a brutal recession, the DVD-by-mail subscription company increased its revenue by 24% last quarter and added a net 510,000 subscribers, 95% more than it did in the same three months last year. Netflix's big...
News Source: Star Tribune
| about 1 month ago
Emulex Corp., which makes data storage equipment, said Thursday its fiscal first-quarter profit fell 49 percent as it generated fewer sales. Emulex earned $3.8 million, or 5 cents per share, in the quarter that ended Sept. 27. That is down from the $...
News Source: Star Tribune
| about 1 month ago
Netflix's third-quarter earnings again showed the DVD-by-mail service remains a popular attraction among consumers looking for affordable home entertainment. The Los Gatos, Calif.-based company gained another 510,000 subscribers during the summer,...
News Source: Palm Beach Post
| about 1 month ago
Calif. — Shares of network equipment maker QLogic Corp. rose more than 5 percent Thursday after the company's results beat fiscal second-quarter profit estimates and it gave a conservative forecast. Shares added 97 cents, or 5.4 percent, at $19.05...
News Source: Palm Beach Post
| about 1 month ago
Calif. — Network equipment maker QLogic Corp. said Wednesday its fiscal second-quarter profit declined as revenue fell, but the company said it is "cautiously optimistic" given signs of stability and early indicators of recovery in its business.