NetflixNetflix announced its third quarter numbers on Monday. It beat expectations with revenue of $1.11 billion and earnings per share of $0.52. It also hit the high end of its guidance by adding 1.3 million new domestic subscribers, giving it 31.1 million US subscribers and pushing it past rival HBO. Netflix has been on a roll lately. After a disastrous end to 2011 in which it tried to spin off its DVD by mail business into a separate unit called Qwikster and raised prices on streaming-only customers, the company has roared back over the last year with rapid subscriber growth, its first Emmy awards, and a booming stock price. Analysts predicted this morning that, for the first time, Netflix would overcome HBO in terms of US subscribers this quarter. The stock hit a low of $53 a share in August of 2012 after tumbling off the Qwikster news.

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