Netflix Stock: Fourth-Quarter Subscribers Beat Views
Internet television network Netflix (NFLX) late Thursday reported more new subscribers than expected in the fourth quarter. But its profit missed views. Still, Netflix stock jumped in extended trading.
The streaming video leader added 7.66 million new subscribers worldwide in the December quarter, ending the year with 230.75 million total subscribers. Analysts polled by FactSet expected Netflix to add 4.57 million new subscribers.
However, the Los Gatos, Calif.-based company missed…