Reuters: Technology News: Netflix profit gains as U.S. streaming subscribers grow

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Netflix profit gains as U.S. streaming subscribers grow Apr 22nd 2013, 20:22 Tweet Share this Email Print The headquarters of Netflix is shown in Los Gatos, California September 20, 2011. Credit: Reuters/Robert Galbraith Mon Apr 22, 2013 4:22pm EDT (Reuters) - Netflix Inc's (NFLX.O) profit rose in the first quarter as the dominant video rental service added new streaming subscribers in the United States, the company reported on Monday. For January through March, Netflix recorded $3 million in net income and earnings per share of 5 cents. A year earlier, the company reported a $5 million loss as it increased spending to launch its service in international markets. (Reporting by Lisa Richwine; Editing by Bernard Orr) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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