Netflix Profit More Than Doubles

Netflix  (NasdaqNM:NFLX ), one of the most heavily traded shares in the evening session, jumped 13 percent to $12.87.

The
online DVD rental firm said fourth-quarter net income was $4.8 million,
or 8 cents per share. Profit from operations the period came in at 14
cents per share, topping the average forecast of analysts in a Thomson
First Call survey by 4 cents.