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Photo: Jaap Arriens/NurPhoto via Getty Images

Netflix's stock was down slightly in after-hours trading on Tuesday after it missed investor expectations for domestic user growth, a sign that increased competition from Disney and Apple may be impacting its growth in North America.

Yes, but: The company still posted strong overall subscriber growth, beating analyst estimates by over 1 million subscribers internationally. It also surpassed expectations for revenue and earnings per share, an impressive feat for a company that is facing massive debt.

The big picture: This quarter's earnings are the first since the "streaming wars" really began to pick up. Disney launched its subscription streaming service Disney+ on Nov. 12. Apple launched its streaming service Apple TV+ on Nov. 1, while AT&T and Comcast/NBCUniversal are slated to launch their respective streaming services in April.

By the numbers, per CNBC:

  • Earnings per share: $1.30 per share (not comparable to Refinitiv estimates)
  • Revenue: $5.47 billion vs. $5.45 billion expected, per Refinitiv
  • Domestic paid subscriber additions: 550,000 vs. 589,000 expected, per FactSet estimates
  • International paid subscriber additions: 8.3 million vs. 7.17 million expected, per FactSet

What's next: Netflix will hold a video Q&A presentation for investors at 6 pm ET.

Go deeper: Netflix releases revenue and subscription data by region for first time

Go deeper

Georgia governor declines Trump's request to help overturn election result

Georgia Gov. Brian Kemp. Photo: Elijah Nouvelage/Getty Images

Georgia Gov. Brian Kemp pushed back on Saturday after President Trump pressed him to help overturn the state's election results.

Driving the news: Trump asked the Republican governor over the phone Saturday to call a special legislative session aimed at overturning the presidential election results in Georgia, per the Washington Post. Kemp refused.

Philanthropy Deep Dive

Illustration: Aïda Amer/Axios

A look at how philanthropy is evolving (and why Dolly Parton deserves a Medal of Freedom).