Netflix's second-quarter earnings have fallen 63 per cent, as the internet video service absorbed the costs of an international expansion.
The US company earned $US26.3 million ($A35.65 million), or six US cents per share, in the second quarter.
That was down from $US71 million, or US16 cents per share, at the same time last year.
The earnings for the latest quarter were two cents per share above the estimates of analysts surveyed by FactSet.
The figures were adjusted to reflect a seven-for-one stock split that Netflix completed last week in an effort to make its shares more affordable to a larger pool of investors.
Before the second-quarter numbers came out on Wednesday, Netflix's stock had more than doubled during the past year.
The shares surged $US9.36, or 9.5 per cent, to $US107.49 in extended trading after the release of the second-quarter report.
Revenue rose 23 per cent from last year to $US1.64 billion, in line with analysts' predictions.
Although it has been eating into the company's profits, Netflix's international expansion is increasing the popularity of its internet video service.
Netflix added 3.3 million worldwide subscribers during the quarter, to end the period with 65.6 million customers.
About 900,000 of the additional subscribers were signed up in the US, where Netflix now has 42.3 million customers.
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