Netflix shares are exploding after 1Q earnings

Netflix announced its first quarter numbers for 2015 on Wednesday.

Here are the most important numbers compared to analyst estimates:

Earnings per share: $0.77 (adjusted) vs. $0.69 expected.

Revenue: $1.4 billion vs. $1.57 billion expected.

Subscribers: 62.30 million vs. 61.44 million forecast; US streaming net additions 2.28 million vs expectations of 1.8 million; international user additions 2.6 million vs. 2.25 million

Netflix shares were up by more than 12% in after hours, largely due to the big increase in new user additions. It added a record 4.9 million new users globally in the last quarter, bringing its total number of users to 62.3 million. Both its US and international user additions beat expectations.

In the last quarter, Netflix launched in Australia and New Zealand, as part of its plan to finish its global expansion within the next two years. Netflix said in its earnings that it expects to add 1.9 million more international users in the next quarter.

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