Analysts polled by FactSet, on average, expected $5.67.
Revenue for the quarter ended March 31 was $10.54 billion, compared with $9.37 billion a year ago. Analysts expected $10.50 billion.
For Q2, the streaming video company is projecting EPS of $7.03 on $11.04 billion in revenue.
Analysts are looking for $6.25 and $10.89 billion, respectively.
Netflix shares were up almost 5% during after-hours session.
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