Netflix Beats Revenue, Subscriber Estimates

January 21, 2015

 
Netflix Inc. took a beating last quarter after adding fewer-than-expected subscribers. It did not make that same mistake this quarter, adding 4.4 million new subscribers and beating estimates. Shares rose more than 14 percent in after-hours trading on the NASDAQ. Strong international expansion and lower-than-expected costs helped Netflix beat analyst expectations in the last quarter of…