Netflix (NFLX) Stock Spiking After Earnings Release, Strong Subscriber Additions

NEW YORK (TheStreet) -- Shares of Netflix Inc  were soaring, up 9.66% to $107.61 in after-hours trading Wednesday, following the the video streaming company's latest quarterly earnings release, after the market closed. For the second quarter, Netflix earned 6 cents per share on revenue of $1.64 billion. Wall Street was expecting the company to earn 4 cents per share on roughly $1.649 billion in revenue, according to analysts polled by Thomson Reuters. In the same quarter of last year, Netfl...