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Netflix blows past earnings estimates as subscribers jump 16%

A couple sits in front of a television with the Netflix logo on it.Picture Alliance | Picture Alliance | Getty ImagesLOS ANGELES — Netflix will no longer provide quarterly membership numbers or average revenue per user starting next year, the company said Thursday as it reported earnings that beat on the top and bottom line.Total memberships rose 16% in the quarter, reaching 269.6 million, well above the 264.2 million Wall Street had expected. However, this quarter will be one of the last glimps...

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