Netflix surprises market by posting quarterly earnings

After warning the investor market that it expected to register a loss in the fourth quarter of 2012, Netflix surprised everyone when it announced that it had achieved positive figures. This happened thanks to the addition of new signatures in the United States and other countries, according to Reuters.

The company’s net profit was $ 8 million, or $ 0.13 per share. Revenue rose to $ 945 million. Analysts had predicted just the opposite: a loss of $ 0.13 per share.

The information, released on Wednesday, the 23rd, threw the value of Netflix papers upwards, with a 27% growth, reaching a value of US $ 131.60 in the after-market – at Nasdaq, the stock closed at US $ 103.26.

According to the company, 2.1 million subscribers were added in the United States between October and December, reaching a total of 27.2 million customers.

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