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.

Episoder(4318)

Single Best Idea with Tom Keene: Andrew Sheets & Julian Emanuel

Single Best Idea with Tom Keene: Andrew Sheets & Julian Emanuel

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with Andrew Sheets & Julian Emanuel. Watch Tom and Paul LI...

10 Jul 20253min

Bloomberg Surveillance TV: July 10th, 2025

Bloomberg Surveillance TV: July 10th, 2025

- Mike Pence, former US Vice President- Kaja Kallas, VP and Representative: Foreign Affairs & Security Policy at the European Commission- Liz Ann Sonders, Chief Investment Strategist at Charles Schwab...

10 Jul 202539min

Tariff Clarity Ahead of Earnings

Tariff Clarity Ahead of Earnings

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyJuly 10th, 2025Featuring:1) NYC Mayor Eric Adams talks about his candidacy ...

10 Jul 202548min

Single Best Idea with Tom Keene: Nancy Lazar & Doug Irwin

Single Best Idea with Tom Keene: Nancy Lazar & Doug Irwin

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with Nancy Lazar & Doug Irwin. Watch Tom and Paul LIVE eve...

9 Jul 20254min

Bloomberg Surveillance TV: July 9th, 2025

Bloomberg Surveillance TV: July 9th, 2025

- Jean Boivin, Global Head: Research at BlackRock Investment Institute- Ed Mills, Washington Policy Analyst at Raymond James- Kelly Ann Shaw, Partner at Akin Gump Strauss Hauer & Feld- Nancy Lazar, Ch...

9 Jul 202529min

Markets React to New Tariff Deadline

Markets React to New Tariff Deadline

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyJuly 9th, 2025Featuring:1) Nancy Lazar, Chief Global Strategist at Piper Sa...

9 Jul 202533min

Single Best Idea with Tom Keene: Ed Yardeni & Brad Case

Single Best Idea with Tom Keene: Ed Yardeni & Brad Case

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with Ed Yardeni & Brad Case. Watch Tom and Paul LIVE every...

8 Jul 20253min

Bloomberg Surveillance TV: July 8th, 2025

Bloomberg Surveillance TV: July 8th, 2025

- Amanda Lynam, Head: Macro Credit Research at BlackRock- Rob Casey, Partner and Senior Analyst at Signum Global Advisors- Sarah Bianchi, Senior Managing Director at Evercore ISI- Cathie Wood, CEO at ...

8 Jul 202525min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
utbytte
pengepodden-2
finansredaksjonen
livet-pa-veien-med-jan-erik-larssen
rss-sunn-okonomi
morgenkaffen-med-finansavisen
tid-er-penger-en-podcast-med-peter-warren
okonomiamatorene
pengesnakk
lederpodden
rss-markedspuls-2
rss-andelige-tanker-med-camillo
rss-fa-makro
stormkast-med-valebrokk-stordalen