Netflix reported Q3 2013 results, including:
- 40 million global subscribers.
- $1.1 billion in revenue.
- EPS of $0.52.
- Original content represents less than 10% of the content budget.
- Netflix is now available in 41 countries.
- New original content In Q4 includes season 2 of Lilyhammer, and Turbo F.A.S.T., a new animated series co-created with Dreamworks
Netflix is forecasting Q4 global subscribers from 42.8 to 44.4 million, net income of $29 to $45 million, and EPS of $0.47 to $0.73.
You can view Netflix's letter to shareholders on the Netflix IR website.
Investors responded favorably to the news, and Netflix stock is trading at $354 per share.
Netflix posted a video recording of the Q3 Earnings Interview from earlier today, where Netflix's Hastings, Sarandos and Wells talk about original content, international expansion, personal profiles, binge watching, sports programming, competition, and more.
Netflix has come a long way in the past year...