WASHINGTON (dpa-AFX) - Netflix Inc. (NFLX) released earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's earnings came in at $1.87 billion, or $4.27 per share. This compares with $0.94 billion, or $2.11 per share, last year.
Analysts on average had expected the company to earn $4.2 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 16.0% to $10.247 billion from $8.833 billion last year.
Netflix Inc. earnings at a glance (GAAP) :
-Earnings: $1.87 Bln. vs. $0.94 Bln. last year. -EPS: $4.27 vs. $2.11 last year. -Revenue: $10.247 Bln vs. $8.833 Bln last year.
-Guidance: Next quarter EPS guidance: $5.58 Next quarter revenue guidance: $10.416 Bln
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