Why did Netflix surge over 14% after hours
After the bell on Tuesday, streaming giant $Netflix (NFLX.US)$ reported third-quarter earnings that broadly beat expectations. More importantly, its user growth has returned to growth, reversing a sustained decline in the first half of the year.
Revenue was $7.926 billion, up 5.9% year-over-year, beating analysts' expectations of $7.85 billion.
Diluted earnings per sh...