HardOCP News
[H] News
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- Dec 31, 1969
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It looks like Netflix had a kick ass quarter. Once again, it seems like everyone but the analyst saw this one coming.
Netflix reported better-than-expected first-quarter profit, fueled by rapid-fire subscriber growth that shows no sign of letting up this year. Shares of Netflix rose 7 percent after its quarterly results, marking yet another big jump for a company whose stock has nearly quadrupled in the past year as it shakes up Hollywood's traditional business models.