Instant Reaction: Netflix Says Tax Dispute Hurt Solid Quarter

Instant Reaction: Netflix Says Tax Dispute Hurt Solid Quarter

Netflix said a tax dispute with Brazil cut into third-quarter earnings, marring results that otherwise fell in line with Wall Street estimates.


The world’s most valuable entertainment company posted quarterly operating income of $3.24 billion, according to a statement Tuesday, about $400 million below its own forecast and analysts’ estimates. The company’s outlook for the current quarter is largely in line with Wall Street projections.

Netflix had to pay about $619 million to settle a multiyear tax dispute with Brazilian authorities going back to 2022. The company had identified the potential risk in previous filings – but not in its earnings guidance — and said it would have beaten forecasts if not for the expense. Future payments will be smaller.“We don’t expect this matter to have a material impact on future results,” the company said.
For instant reaction and analysis, Bloomberg Businessweek hosts Carol Massar and Tim Stenovec speak with:

  • Bloomberg News Media and Entertainment Editor Felix Gillette
  • Mark Douglas, President & CEO of MNTN
  • Bloomberg Intelligence Senior Media Analyst Geetha Ranganathan

See omnystudio.com/listener for privacy information.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(4496)

Markets Face Clouded Rate Outlook as Record US Shutdown Ends

Markets Face Clouded Rate Outlook as Record US Shutdown Ends

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyThursday, November 13th, 2025Featuring:1) Tiffany Wilding, Managing Directo...

13 Marras 202532min

Single Best Idea with Tom Keene: Russ Brownback & Jay Hatfield

Single Best Idea with Tom Keene: Russ Brownback & Jay Hatfield

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio.In this episode, we feature our conversations with BlackRock's Russ Brownback & Jay Hatfield of Infra...

12 Marras 20254min

Bloomberg Surveillance TV: November 12th, 2025

Bloomberg Surveillance TV: November 12th, 2025

Rick Rieder, Chief Investment Officer of Global Fixed Income at BlackRock Sarah House, Senior Economist at Wells Fargo Jon Lieber, Managing Director: US at The Eurasia Group Matt Miskin, Co-Chief Inve...

12 Marras 202537min

Tech Rebound Lifts Stocks Ahead of Shutdown Vote; 10 Years of Odd Lots

Tech Rebound Lifts Stocks Ahead of Shutdown Vote; 10 Years of Odd Lots

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyWednesday, November 12th, 2025Featuring:1) Russ Brownback, Deputy CIO of Gl...

12 Marras 202536min

Single Best Idea with Tom Keene: Chuck Clough & John Stoltzfus

Single Best Idea with Tom Keene: Chuck Clough & John Stoltzfus

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio.In this episode, we feature our conversations with Chuck Clough of Clough Capital & Oppenheimer's Joh...

11 Marras 20253min

Bloomberg Surveillance TV: November 11th, 2025

Bloomberg Surveillance TV: November 11th, 2025

- Omar Aguilar, CEO & CIO at Schwab Asset Management- Henrietta Treyz, Director of Economic Policy Research at Veda Partners- Dan Skelly, Managing Director at Morgan Stanley Wealth Management- Venu Kr...

11 Marras 202528min

AI Jitters Cloud Market Optimism Over Shutdown Resolution

AI Jitters Cloud Market Optimism Over Shutdown Resolution

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyTuesday, November 11th, 2025Featuring:1) Huw van Steenis, Partner and Vice ...

11 Marras 202542min

Single Best Idea with Tom Keene: Amanda Lynam & Greg Boutle

Single Best Idea with Tom Keene: Amanda Lynam & Greg Boutle

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature our conversations with BlackRock's Amanda Lynam & BNP's Greg Boutle. Wat...

10 Marras 20254min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
rss-oivalluksia-rahasta-elamasta
rss-rahapodi
mimmit-sijoittaa
rss-rahamania
rss-sami-miettinen-neuvottelija
pomojen-suusta
sijoituspodi
hyva-paha-johtaminen
asuntoasiaa-paivakirjat
rss-lahtijat
rss-startup-ministerio
ostan-asuntoja-podcast
rahapuhetta
oppimisen-psykologia
rss-ammattipodcast
rss-karon-grilli
rss-yritys-ja-erehdys
rss-set-for-life-sijoita-ja-vaurastu