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New U.S. Subscribers Lift Netflix Fourth-quarter Profit; Shares Soar After Hours

Netflix reported higher profit for the fourth quarter as the company added 2.3 million customers to its TV and movie streaming service in the United States. The company on Wednesda... More Netflix reported higher profit for the fourth quarter as the company added 2.3 million customers to its TV and movie streaming service in the United States. The company on Wednesday reported net income of $48 million for the quarter, up from $8 million a year ago. Netflix said in a statement., earnings-per-share were 79 cents. Less

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