LOS GATOS, Calif. (AP) _ Netflix Inc. (NFLX) on Tuesday reported second-quarter profit of $1.44 billion.

On a per-share basis, the Los Gatos, California-based company said it had profit of $3.20.

The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.90 per share.

The internet video service posted revenue of $7.97 billion in the period, which fell short of Street forecasts. Twelve analysts surveyed by Zacks expected $8.03 billion.

For the current quarter ending in October, Netflix said it expects revenue in the range of $7.84 billion. Analysts surveyed by Zacks had expected revenue of $8.08 billion.

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