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Netflix proved late Wednesday that it’s still a fast grower, thrilling with Q4 earnings growth that smashed Wall Street’s target. The subscription streaming video service earned 79 cents a share vs. 13 cents a year earlier, beating analyst forecasts by 13 cents. Revenue rose 24% vs. a year earlier to $1.18 billion, just topping forecasts for $1.17 billion. That was the fourth straight quarter of accelerating sales growth. Netflix (NFLX) shares Scalper1 News
Scalper1 News