Netflix adds more subscribers than expected; shares rise
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Video-streaming service Netflix Inc's quarterly subscriber additions topped its expectations, boosted by strong international growth, sending its shares up 8 percent in extended trading.
Netflix, known for its original shows such as "House of Cards" and "Orange is the New Black", said it added 5.59 million subscribers in the three months ended Dec. 31, higher than its forecast of 5.15 million.
Internationally, Netflix added 4.04 million subscribers, compared with its estimate of 3.50 million.
The company said on Tuesday it added 1.56 million US subscribers in the fourth quarter, below the 1.65 million it forecast in October.
