Analysts had expected the company to report about $2.28 billion in revenue (up from $1.74 billion last year) and $0.06 earnings per share (up from $0.07).

The company, which started as a DVD rental firm in 1977, has been expanding in global markets to counter slowing growth in the United States.

The Los Gatos-based company reported third quarter earnings per share (EPS) of $0.12, easily beating out analyst estimates of $0.05. Netflix says it is feeling good about Q4, too, and is offering subscriber estimates well above Wall Street estimates.

In addition, Netflix said it plans to boost its spending on content to $6 billion next year from $5 billion this year, as it increases the number of original programming hours to more than 1,000 next year from 600 hours this year. Netflix now has 86.7 members around the world, versus expectations of 85.5 million.

Analysts on average were expecting 1.27 million additions, according to research firm FactSet StreetAccount.In its worldwide markets, it expects subscriber additions of 3.75 million, compared with the average analyst estimate of 3.32 million.Third-quarter revenue rose 31.7 percent to $2.29 billion. Visit MarketWatch.com for more information on this news.

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From a financial perspective, net income rose to $52 million, or 12 cents a share, from $29 million or 7 cents a share a year ago, exceeding analysts' forecasts.

Also Monday, Netflix disclosed that - for the time being - it is no longer looking to launch its own branded service in China, citing regulatory challenges. That's roughly in line with what it had done in 2015 (3.62 million), and much better than the company fared in 2016's Q2. Netflix attributed the growth to buzz around shows like "Stranger Things" and "Narcos". It's going to have to also figure out how to get the right local content available in those countries. The company said Monday it will start licensing its programming to current streaming-video providers in China.

Netflix also posted $0.12 earnings per share - versus Wall Street expectations of $0.06 per share - on $2.29 billion in revenue, up 36 percent over this time previous year.

Analysts said that the figures should dispel fears that Netflix was running out of momentum, at least in the short term.