Netflix Shares Spike 10% After The Company Reports 3.3M New Subs, Better-Than-Expected Q2 Profit

photo: TechCrunch

Netflix announced its second quarter financial performance, including revenue of $1.64 billion, earnings per share of $0.06. Netflix picked up 0.9 million new domestic subscribers, and 2.4 million new international subscribers. […] The company‚Äôs growth of 3.3 million new subscribers compares favorably to a year-ago tally of 1.7 million. In fact, its nearly a doubling of growth. – Alex Wilhelm, TechCrunch