Netflix Plummets on Q3 Earnings Results - Netflix (NASDAQ:NFLX)

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Shares of Netflix (NASDAQ: NFLX) are trading lower in the after-hours following the release of the company's Q3 earnings results. Currently, shares are lower by 15.76%, trading at $100.11; they ended the regular session higher by 1.54%, at $118.84. Netflix reported Q3 EPS of $1.16 on revenues of $822 million; the Street was looking for $0.94 per share on revenues of $810.53 million. Domestic revenues increased 44% year over year to $799 million.The company ended the quarter with 21.4 million streaming subs and 13.9 million DVD subs. Netflix, Inc. is an Internet subscription service streaming television shows and movies. The company's subscribers can watch unlimited television shows and movies streamed over the Internet to their televisions, computers and mobile devices and in the United States, subscribers can also receive digital versatile discs delivered to their homes.

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