Netflix (NASDAQ:NFLX) reported Q4 revenue and profit after the closing bell today well ahead of analysts’ expectations,
Revenue for last fiscal quarter ending in December increased to $876 million, providing an EPS of $0.73.
Analysts mean estimates called for $857.4 million revenue and $0.54 EPS.
Netflix ended the quarter gaining about 220,000 subscribers to reach 21.67 million streaming subscribers.
For the current fiscal quarter, Netflix estimates revenue from $842 million to $877 million, ahead of the $846 million average analysts estimate, and a net loss per share of $0.16 - $0.49 , lower than the analyst consensus of $0.29 loss
Netflix shares are up in after hours trading.
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