Netflix, Inc. (NFLX) Earnings Beat, Shares Surge 17%

Netflix, Inc. (NASDAQ:NFLX) made public its earnings report for the first three months of 2013 after the market closed on Monday April 22. The company showed earnings of 32 cents per share for the first three months of 2013, on revenues of $1.02 for the quarter. On today's market the company's shares finished almost 7 percent at $174.37. After market trading saw shares shoot above $200.

In the same quarter of 2012, Netflix, Inc. (NASDAQ:NFLX) lost 8 cents per shares on revenues of $870 million. Analysts were looking for earnings of 20 cents...