For the third quarter, Netflix reported GAAP EPS of $1.47 a share versus analyst estimates of $1.03 and revenues of $5.25 billion versus estimates for $5.25 billion. EPS benefited from a $171 million, non-cash gain related to Netflix's euro-denominated debt.
Netflix added 6.77 million paid net subscribers in Q3, below its guidance for 7 million but ahead of analyst estimates of 6.69 million. However, Q4 subscriber guidance of 7.6 million global subscriber additions came in below analyst estimates.
Shares of Netflix were up 8.1% to $309.55 after-hours on Wednesday.
TheStreet's tech columnist, Eric Jhonsa, is analyzing the company's earnings report and then the "video interview" with Netflix executives that's scheduled to begin streaming at 6 p.m. ET. To submit questions, please sign in at the top of the chat window and type in your question.