NetFlix (NFLX) Ramps 20% on Q4 'Beat'

January 23, 2013 4:15 PM EST
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NetFlix, Inc. (NASDAQ: NFLX) is surging 23 percent after-hours after better-than-expected Q4 results.

Netflix posted Q4 EPS of $0.13, $0.26 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $945 million versus the consensus estimate of $934.12 million.

Netflix, Inc. sees Q1 2013 EPS of $0.00-0.23, versus the consensus of $-0.07. Sees Q1 revs of $1.004-$1.031 billion versus the consensus of $969.4 million.

The company added 2.05 million domestic streaming subs and now has total domestic streaming subs of 27.15 million.

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