Netflix Inc. Q4 Profit Climbs, Beats estimates

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 $607 million, or $1.33 per share. This compares with $542 million, or $1.19 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $0.82 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 16.1% to $7.71 billion from $6.64 billion last year.

Netflix Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $607 Mln. vs. $542 Mln. last year.
-EPS (Q4): $1.33 vs. $1.19 last year.
-Analyst Estimate: $0.82
-Revenue (Q4): $7.71 Bln vs. $6.64 Bln last year.

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