Netflix just reported its earnings for Q4 2013 and stock is now surging 17% in after hours trading.
Here are the results for Q4:
Revenue: $1.18 billion
EPS: $0.79
Subscriber adds: 2.33 million
Analyst Q4 predictions for Netflix were $1.17 billion in revenue, $0.66 earnings per share, and 2 million new subscribers for the last half of 2013 but Netflix ended up defying most expectations.
International growth had slowed during the last half of 2013 and was a big concern for analysts but Netflix forecasts a 60% increase in subscribers overseas this year.
Original content investments
The company ended the year with over 44 million members and here are Netflix's predictions for 2014.
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