Earnings, Revenue, Outlook All Impress
Netflix crushed on all fronts thanks to subscriber growth. Earnings were $0.13 a share, while analysts had expected a loss of $0.13. Revenue of $945.2 million beat the $934.12 million consensus number and guidance was strong. NFLX is soaring 38 percent before the bell on my tradeMONSTER platform.
Swift Transportation Rallies on Strong Results
Swift Transportation reported fourth-quarter earnings of $0.38 a share on revenue of $922.6 million. Analysts had expected only $0.26 and $881.3 million, respectively. SWFT is up 13 percent in the premarket.
Huge Revenue Miss Forecast by Mellanox
Mellanox Technologies reported strong results for the fourth quarter, but the outlook was weak. The network infrastructure company expects revenue of no more than $83 million in the current quarter, way below the $129.5 million forecast by analysts. MLNX is plunging 20 percent in early trading