Netflix delivered earnings that topped expectations, added more online subscribers and introduced a service that will allow users to stream four movies at the same time.
Netflix shares shot up more than 25 percent after the report. What's the stock doing now? (Click here for the latest after-hours quote.)
The company added 2 million customers in the U.S. and 1 million internationally to its streaming service, bringing up to more than 36 million streaming users in total. Netflix said that a great reception of its first original series "House of Cards" in 2013 helped with new subscribers.
The company also introduced a four-stream plan for $11.99 in the U.S. that will allow users to stream four movies at the same time.