Netflix Stock Explodes After Major Subscriber Growth
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Netflix Stock Explodes After Major Subscriber Growth

Netflix keeps racking up accolades — and subscribers around the world — which helped carry the streaming giant to a glowing second quarter, and sent its stock up 8 percent in after-hours trading. For the three months ending June 30, Netflix reported revenue of $2.79 billion and earnings of 15 cents a share. That easily beat the $2.11 billion in revenue and earnings of 9 cents a share the company pulled in during the same time last year. Analysts had estimated revenue of $2.76 billion and earnings of 16 cents a share, on average.
http://www.sfgate.com/entertainment/the-wrap/article/Netflix-Stock-Rockets-Behind-Massive-Q2-11294630.php

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