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San Francisco (AFP) – Netflix shares soared nine percent Monday as the streaming television service reported that profit in the recently-ended quarter climbed along with the number of subscribers.

The ranks of Netflix viewers topped 40 million in the quarter that ended September 30 — compared with the fewer than 30 million who subscribed to the on-demand television service a year earlier.

Netflix executives credited the California-based company’s investment in original programs such as “House of Cards” and “Orange is the New Black” with helping win fans.

“Over the next few years we aspire to support creation of some of the most compelling and remarkable content ever produced,” Netflix chief executive Reed Hastings and top financial officer David Wells said in a letter to investors.

“Coupled with the flexibility of our Internet viewing and power of our personal recommendations we will keep changing television for the better.”

The company planned to double its investment in original content.

Netflix reported that its profit rose to $31.8 million on revenue of $1.1 billion in earnings which bested the same quarter a year earlier and topped Wall Street expectations.

Netflix shares, which rose steadily through the day in anticipation of favorable quarterly earnings figures stood at $387.38 in after-market trades, up from $342.92.

President Trump boards Air Force One for his return flight home from Florida on July 31, 2020

Official White House Photo by Joyce N. Boghosian

Reprinted with permission from Alternet

Florida senior residents have been reliable Republican voters for decades, but it looks like their political impact could shift in the upcoming 2020 election.

As Election Day approaches, Florida is becoming a major focal point. President Donald Trump is facing more of an uphill battle with maintaining the support of senior voters due to his handling of critical issues over the last several months. Several seniors, including some who voted for Trump in 2016, have explained why he will not receive their support in the November election.

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