Netflix, Inc. Crushes Earnings Estimates Again, Misses Sales

1
Netflix, Inc. Crushes Earnings Estimates Again, Misses Sales

Netflix released its latest earnings report after closing bell tonight, posting adjusted earnings of 72 cents per share on $1.31 billion in revenue. Analysts had been expecting earnings of 45 cents per share on $1.49 billion in revenue.

Shares of the video content provider skyrocketed after the report, climbing by as much as 12% and still rising as of this writing.