Netflix, Inc. posted net income of $22.7 million for the fourth quarter, an increase over net income of $15.7 million in the prior year.
The online movie rental service reported revenue of $359.6 million for the quarter ended Dec. 31, a 19% increase over $302.4 million the year before.
TheLos Gatos, CA firm posted gross margin of 35.2% for the quarter percent, compared to 33.8% in the prior year.
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