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Netflix Blames Tax Dispute in Brazil

Netflix shares drop as Brazilian tax dispute hits earnings

Netflix missed Wall Street's third-quarter earnings targets because of an unexpected expense from a Brazilian tax dispute while it offered a forecast a touch ahead of Wall Street projections for the rest of the year.

· 1h · on MSN

Inside The Surprise Brazilian Tax That Rattled Netflix Earnings

· 5h · on MSN

Netflix blames tax dispute in Brazil for rare quarterly earnings letdown

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Netflix shares drop as Brazil tax dispute hits profits

Netflix increased revenues by close to a fifth on the back of global hits such as KPop Demon Hunters even as a dispute with Brazilian tax authorities hit its operating margin in the third quarter.

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Netflix stock falls after earnings miss estimates, operating profit takes a hit

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Netflix shares sink as earnings disappoint

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Netflix shares sink as quarterly profit misses mark

“It’s not an income tax; it’s a cost of doing business in Brazil,” said Netflix chief financial officer Spencer Neumann.

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Netflix Earnings: What to Know

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Netflix misses earnings targets after tax dispute in Brazil

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Netflix Slips After Brazil Tax Fight Squeezes Solid Quarter

Good morning. Netflix slides after a tax dispute with Brazil took a chunk out of its operating income. Coca-Cola touts an earnings beat as consumers shift toward healthier drinks. And OpenAI unveils an AI-powered web browser,

12h

Netflix Executives Downplay Any Interest In Warner Acquisition

Netflix had another big quarter marred by a tax dispute, but the real question is whether it will buy Warner Bros. Discovery. The answer: probably no.