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Netflix Soars 20%: Q3 Sub Adds 3.6 Million Crush Expectations

Streaming video pioneer Netflix (NFLX) this afternoon reported Q3 revenue slightly above consensus and profit that trounced expectations, and blew away its own forecast and Street estimates with its subscriber additions, sending its shares sharply higher in late trading. Revenue in the three months ended in September rose to $2.29 billion, yielding EPS of 12 cents. Analysts had, on average
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