LIVE: NETFLIX REPORTS A PERFECTLY IN-LINE QUARTER AND THE STOCK DOES NOTHING

It looks like everything is in line for this quarter...

• Revenue: $1.34 billion vs. $1.34 billion expected
• EPS: $1.15 vs. $1.15 expected
• Domestic streaming subscribers: 36.24 million (which is slightly ahead of expectations)
• International streaming subscribers: 13.8 million (which is ahead of expectations)
• Q3 EPS: $0.89 versus $1.01 expected

The stock is pretty much flat on the news.

Netflix's letter to shareholders is below. Some highlights from the letter as we read it:

• Netflix says that raising prices has had "minimal impact" on its membership growth rate. It expects over time the new prices are going to increase earnings.
• Orange Is The New Black was the most watched series in all territories where Netflix is offered.

Netflix Q2 Earnings