Netflix Soars On Foreign Subscriber Gains In Q4

By | January 20, 2015

Scalper1 News

Subscription online video service Netflix late Tuesday obliterated Q4 earnings estimates on better-than-expected subscriber growth and profitability overseas. Netflix (NFLX) said it now expects to complete its global expansion over the next two years while remaining profitable overall. Netflix stock was up 14% in after-hours trading Tuesday following the earnings release, after rising 3.4% in the regular session. Netflix earned 72 cents a share Scalper1 News

Scalper1 News