Streaming giant Netflix has beaten third quarter expectations and landed more than 5million new subscribers.
Investors had anticipated the streaming service could pick up around 4million in the three-month period between July and September.
But the California-based firm blew expectations out of the water by scooping 5.1million new subscriptions, helping it reach a quarterly revenue of $9.825billion, surpassing the forecast $9.769billion.
The Times reported shares were up 4.3% - $30.49 - at $717.01 following the earnings report, taking the stock rise since the start of the year to 47%.
FTSE 100
The UK's flagship share index, the FTSE 100, was up 43-points, at 8,330 shortly after opening this morning.
Brent crude oil futures were down 0.47%, trading at $74.80 a barrel.
Companies reporting today