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Netflix CEO Hastings: Net Adds a ‘Fundamental Organic Growth’ Rate Over Time

Netflix (NFLX) this afternoon held a conference call with CEO Reed Hastings and executives David Wells and Ted Sarandos, hosted by Scott Devitt of Stifel Nicolaus and Ben Swinburne of Morgan Stanley, following Q3 results that topped expectations, and a much higher-than-expected number of subscriber additions in U.S. and abroad. Netflix shares are up $19.80, or almost 20%, at $119.
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