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.

Jaksot(4316)

Single Best Idea with Tom Keene: James Steel & Dan Tannebaum

Single Best Idea with Tom Keene: James Steel & Dan Tannebaum

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with James Steel & Dan Tannebaum. Watch Tom and Paul LIVE ...

8 Elo 20253min

Bloomberg Surveillance TV: August 8th, 2025

Bloomberg Surveillance TV: August 8th, 2025

- Savita Subramanian, Head: US Equity & Quantitative Strategy at Bank of America- Bruce Hirsh, former Chief International Trade Counsel at the US Senate Finance Committee- John Vinh, Equity Research A...

8 Elo 202527min

Geopolitical and Tariff Variables Impacting markets

Geopolitical and Tariff Variables Impacting markets

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyAugust 8th, 2025Featuring:1) Ian Lyngen, Head of US Rates at BMO Capital Ma...

8 Elo 202532min

Single Best Idea with Tom Keene: Anna Wong & Kathy Bostjancic

Single Best Idea with Tom Keene: Anna Wong & Kathy Bostjancic

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with Anna Wong & Kathy Bostjancic. Watch Tom and Paul LIVE...

7 Elo 20254min

Bloomberg Surveillance TV: August 7th, 2025

Bloomberg Surveillance TV: August 7th, 2025

- Kate Moore, CIO: Wealth at Citi Wealth- Everett Eissenstat, former Chief Trade Counsel at the Senate Financial Committee- Yelena Shulyatyeva, Senior US Economist at The Conference Board- Mark Hoplam...

7 Elo 202525min

Markets React to Tariffs and Labor Concerns

Markets React to Tariffs and Labor Concerns

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyAugust 7th, 2025Featuring:1) Kelsey Berro, Executive Director: Fixed Income...

7 Elo 202537min

Single Best Idea with Tom Keene: Mike Wilson & Darrell Cronk

Single Best Idea with Tom Keene: Mike Wilson & Darrell Cronk

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with Mike Wilson & Darrell Cronk. Watch Tom and Paul LIVE ...

6 Elo 20254min

Bloomberg Surveillance TV: August 6th, 2025

Bloomberg Surveillance TV: August 6th, 2025

- Stephen Auth, CIO: Equity at Federated Hermes- Anastasia Amoroso, Chief Investment Strategist: Private Wealth & Retirement at Partners Group- Frank Lee, Global Head: Tech Hardware & Semi Research at...

6 Elo 202527min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
psykopodiaa-podcast
rss-rahapodi
ostan-asuntoja-podcast
pomojen-suusta
rss-rahamania
rss-draivi
inderespodi
rss-seuraava-potilas
rss-sami-miettinen-neuvottelija
rss-myyntikoulu
rss-paasipodi
rahapuhetta
salkunrakentaja-podi
kasvun-kipuja
lakicast
rss-lahtijat
rss-bisnesta-bebeja
rss-asuntosalkku-kasvussa-podcast