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)

Bloomberg Surveillance TV: November 5th, 2025

Bloomberg Surveillance TV: November 5th, 2025

- Michael Gapen, Chief US Economist & Matthew Hornbach, Global Head of Macro Strategy at Morgan Stanley- Kathryn Wylde, President & CEO at Partnership for New York City- Nazak Nikakhtar, Former Unders...

5 Marras 202544min

Tech Selloff Drives Second Day of Stock Losses

Tech Selloff Drives Second Day of Stock Losses

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Paul Sweeney & Alexis ChristoforousWednesday, November 5th, 20251) Cameron Dawson, Chief Investment...

5 Marras 202527min

Bloomberg Surveillance TV: November 4th, 2025

Bloomberg Surveillance TV: November 4th, 2025

- Torsten Slok, Chief Economist at Apollo Global Management- Henrietta Treyz, Director of Economic Policy Research at Veda Partners- Henry Allen, Macro Strategist at Deutsche Bank- Whitney Tilson, For...

4 Marras 202529min

AI Angst Leads Election Day Stock Selloff

AI Angst Leads Election Day Stock Selloff

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Paul Sweeney & Alexis ChristoforousTuesday, November 4th, 20251) Meera Pandit, Global Market Strate...

4 Marras 202525min

Bloomberg Surveillance TV: November 3rd, 2025

Bloomberg Surveillance TV: November 3rd, 2025

- Federal Reserve Governor Stephen Miran- Mike Wilson, CIO & Chief US Equity Strategist at Morgan Stanley- Amanda Lynam, Head of Macro Credit Strategy at BlackRock- Nancy Lazar, Chief Global Economist...

3 Marras 202535min

AI Bulls Fuel Rally as Markets Turn to Private Eco Data

AI Bulls Fuel Rally as Markets Turn to Private Eco Data

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Paul Sweeney & Alexis ChristoforousMonday, November 3rd, 20251) Bob Michele, CIO: Fixed Income at J...

3 Marras 202533min

Bloomberg Surveillance TV: October 31st, 2025

Bloomberg Surveillance TV: October 31st, 2025

- Jim Caron, CIO for Cross Asset Solutions at Morgan Stanley Investment Management- Gene Munster, Managing Partner at Deepwater Asset Management- Ed Mills, Washington Policy Analyst at Raymond James- ...

31 Loka 202527min

Big Tech Earnings Boosts AI Sentiment

Big Tech Earnings Boosts AI Sentiment

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Paul Sweeney & Alexis ChristoforousFriday, October 30th, 20251) Sarah Hunt, Chief Market Strategist...

31 Loka 202523min

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