Netflix: Q3 Earnings Snapshot

LOS GATOS, Calif. (AP) — LOS GATOS, Calif. (AP) — Netflix Inc. (NFLX) on Thursday reported third-quarter earnings of $2.36 billion.

The Los Gatos, California-based company said it had net income of $5.40 per share.

The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $5.09 per share.

The internet video service posted revenue of $9.82 billion in the period, which also topped Street forecasts. Eleven analysts surveyed by Zacks expected $9.77 billion.

For the current quarter ending in December, Netflix said it expects revenue in the range of $10.13 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NFLX at https://www.zacks.com/ap/NFLX