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Netflix (NFLX) Stock Closes Higher Ahead of Q1 Earnings

NEW YORK (TheStreet) -- Netflix (NFLX - Get Report) stock closed up by 0.70% to $110.42 on Thursday, before the company reports its 2016 first quarter financial results on Monday after the market close.

The video streaming company, which is based in Los Gatos, CA, is expected to deliver a year-over-year decline in earnings per share, but a 24.90% jump in revenue next week.

Wall Street is anticipating earnings of 3 cents per share on revenue of $1.97 billion for the latest quarter.

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