Netflix Beats Q3 Earnings Forecast, Shares Soar on International Sub Growth

Read on: Variety.

Netflix shares popped as much as 20% in after-hours trading Monday, after the streamer posted better-than-expected earnings and reeled in 900,000 more international customers than previously forecast for the third quarter of 2016. The company reported total revenue of $2.29 billion and earnings of 12 cents per share. Wall Street analysts had expected Netflix to post revenue of... Read more »