Netflix Inc. (NFLX) on Monday reported third-quarter profit of $51.5 million. On a per-share basis, the Los Gatos, California-based company said it had net income of 12 cents. The results topped Wall Street expectations.The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share. The internet video service posted revenue of $2.29 billion in the period, which also beat Street forecasts. Twelve analysts surveyed by Zacks expected $2.28 billion.Netflix shares have fallen 13 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 4 percent. In the final minutes of trading on Monday, shares hit $99.80, up less than 1 percent for the year.