Netflix Earnings Boost Optimism
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latest earnings reportCNBC
•After a well-received quarter, Cramer explains why he thinks Netflix can 'rock on higher'
71% Informative
Netflix beat Wall Street's expectations for earnings, revenue and paid membership growth when it posted its report Thursday evening .
CNBC 's Jim Cramer explained why the quarter made him more optimistic about Netflix 's future.
He was impressed by management's outlook and commentary about content, saying the company seems capable of generating solid growth.
Netflix 's shares popped 11% Friday morning and maintained those gains through close.
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