LOS GATOS, Calif. (AP) — LOS GATOS, Calif. (AP) — Netflix Inc. (NFLX) on Tuesday reported third-quarter profit of $3.66 billion.

The Los Gatos, California-based company said it had net income of 87 cents per share.

The results beat Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share.

The internet video service posted revenue of $12.87 billion in the period, meeting Street forecasts.

For the current quarter ending in December, Netflix said it expects revenue in the range of $13.44 billion.

The company expects full-year revenue of $51.1 billion.

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