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Netflix beats Street 3Q forecasts

(AP) — Netflix Inc. (NFLX) on Monday reported third-quarter profit of $51.5 million. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share. The internet video service posted revenue of $2.29 billion in the period, which also beat Street forecasts.
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Netflix Inc. (NFLX) on Monday reported third-quarter profit of $51.5 million.

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