Wednesday, January 23, 2013

Netflix Shares Jump 30% After Hours, As It Beats The Street With Revenues Of $945M And 2M New Subscribers

netflixbuilding4Netflix had a stellar fourth quarter, posting revenues and subscriber numbers well above analyst estimates. That has got investors excited again, driving the stock up 25 percent in after hours trading. Netflix had a better-than-expected fourth quarter, posting revenues and subscribers above analyst estimates. In its earnings report, the company announced $945 million for the quarter.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/8tfXR2Fu7GE/

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