Netflix Inc reported a 22.7 percent jump in quarterly revenue as the video streaming service provider added more net subscribers worldwide than its expectations.
Netflix, which produces shows such as "House of Cards" and "Orange is the New Black", said revenue rose to $1.64 billion in the second quarter ended June 30, from $1.34 billion a year earlier.
The company`s net income fell to $26.3 million, or 6 cents per share, from $71 million, or 16 cents per share.
Netflix added 3.28 million net subscribers worldwide, beating its own forecast of 2.50 million.
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