Netflix Inc. (NFLX) Has Surged To A New High After Posting Q4 Profit - InvestingChannel

Netflix Inc. (NFLX) Has Surged To A New High After Posting Q4 Profit

Netflix Inc. (NFLX: Quote) reported fourth quarter EPS of $0.13 after the bell Wednesday, down from $0.64 in the prior year period. Revenues increased to $945 million, from $876 million a year ago. The consensus estimates were for a loss of $0.13 and revenues of $934.12 million.

Netflix has gapped open dramatically higher Thursday and is now up 38.77 at $143.03. The stock has broken out to a new high for the year.

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by RTT Staff Writer

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