This excerpt taken from the NFLX 8-K filed Jan 24, 2007.
Income Before Income Taxes $23.8 million, up 439 percent year-over-year
LOS GATOS, Calif., January 24, 2007 Netflix, Inc. (Nasdaq: NFLX) today reported results for the fourth quarter and year ended December 31, 2006.
2006 was a solid year for Netflix, demonstrating again the strength of our business model, said Reed Hastings, Netflix co-founder and chief executive officer. Our accomplishments during the year strong subscriber growth, continued improvement in the customer experience, and increased profitability together with the recent launch of the first generation of our online video option, leave us better positioned than ever to achieve our long-term objective of being the movie rental leader.