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Netflix Inc., the video streaming company, on
Monday reported a first quarter profit of 2.69 million dollars, or 5
cents per share, on revenue of 1.02 billion dollars.
In the same quarter last year the company lost 4.6 million
dollars, or 8 cents per share, on sales of 869.8 million dollars.
The company said it added 3 million new customers worldwide in the
first three months of 2013, bringing its total to 36 million
customers.
In a letter to its shareholders, Netflix said its customer base
"collectively enjoyed ... over 4 billion hours of films and TV
shows." The company has also seen success with original programming,
such as the "House of Cards" series.
Shares surged 21 per cent in after-hours trading.
