Shares of Netflix Inc. soared Wednesday, after the company announced record high earnings with global subscribers blowing past estimates and passing the 65 million mark for the first time. The Los Gatos, California, video-streaming giant reported net income of $26.3 million, or 6 cents a share, on revenue of $1.64 billion.

Wall Street had projected net income $20.9 million, or 5 cents a share, on revenue of $1.6 billion.

Shares shot up $11.77, or 11.99%, and are currently trading at $109.90.

(Source: http://www.ibtimes.com/)

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