Reuters: Technology News: Netflix surprises with profit on subscriber growth

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Netflix surprises with profit on subscriber growth Jan 23rd 2013, 21:19 Wed Jan 23, 2013 4:19pm EST (Reuters) - Video subscription service Netflix Inc reported a quarterly profit as the company added subscribers in the United States and abroad. The company reported on Wednesday $8 million in net income from October through December, or 13 cents per share. Revenue rose to $945 million. Netflix had earlier warned Wall Street that it expected a loss for the fourth quarter.

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