Netflix released its quarterly earnings report after the Closing Bell on Monday. Cheddar Anchor Brad Smith breaks down the key findings from the report. The streaming network generated $2.99 Billion in revenue, added 850,000 new domestic subscribers, and 4.45 million new international subscribers. These figures beat analyst expectations, sending shares up in after-hours trading. Netflix also announced it will spend between $7 to $8 billion on content in 2018. That's one to two million more than this year.