$NFLX NETFLIX SOARS AFTER EARNINGS

The growth story is very much intact, and this quarter proves it. Here are the hard numbers:

• Q3 Revenue of 2.29 Billion, up from 1.73 billion in the year ago quarter and just ahead of the analyst consensus of 2.28.
• Q3 Total streaming subs 86.74M, Net Additions 3.57M (est. 304K)
• Q3 EPS: 12 cents vs .06 cents est.
• Internationally, the company added 3.2 million subs, compared with its guidance of 2 million.
• Netflix says they will invest in more content across multiple markets, intends to release 1,000 hours of premium original programming up from 600 prior year.

With a high short percentage and bullish technicals, it no surprise to see the stock up a cool 18% on Q3 numbers. Here’s a look at the action in after-hours:

Note: Netflix Letter to holders showed “We finished the quarter with 1.3 billion in cash and equivalents. As we have done over the past few years, we plan to raise additional debt in the coming weeks.