Today, mail-order movie rental service, Netflix Inc. (NASDAQ:NFLX), announced the results for its fiscal 2Q. Profit rose 3.8% to $26.6 million, or $0.42 per share, from $25.6 million, or $0.37 per share, a year earlier. Revenue increased 11% to $337.6 million. Gains were due to an increase in subscribers and fewer expenses derived from their addition. The company added 168,000 new subscribers during the quarter bringing the total number of subscribers to 8.41 million. Netflix increased its projected fiscal year earnings from $1.16-$1.29 per share, to $1.19-$1.31 per share.

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