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Last night Netflix soared on earnings and lower forward guidance didn’t count–today?

After the market close yesterday, October 16, Netflix (NFLX) announced third quarter earnings of 89 cents a share, a huge 21 cents a share above Wall Street projections. Revenues climbed 34% year over year to $4 billion against analyst estimates of $3.99 billion. The company added 6.96 million new subscribers, well above the 5 million […]

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