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.

Avsnitt(4306)

Single Best Idea with Tom Keene: Neil Dutta & Jeff deGraaf

Single Best Idea with Tom Keene: Neil Dutta & Jeff deGraaf

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio.In this episode, we feature conversations with Neil Dutta & Jeff deGraaf of Renaissance Macro.Watch T...

23 Okt 20253min

Bloomberg Surveillance TV: October 23rd, 2025

Bloomberg Surveillance TV: October 23rd, 2025

- Eric Rosengren, Former Boston Fed President & CEO and Visiting Scholar at MIT Golub Center- Sarah Bianchi, Senior Managing Director at Evercore ISI- Dan Ives, Global Head of Tech Research & Senior E...

23 Okt 202523min

Hotter CPI Unlikely to Deter Rate Cuts - For Now

Hotter CPI Unlikely to Deter Rate Cuts - For Now

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyOctober 23rd, 20251) Jeff deGraaf, Chairman & Neil Dutta, Head of Economic ...

23 Okt 202543min

Single Best Idea with Tom Keene: Wei Li & Ed Morse

Single Best Idea with Tom Keene: Wei Li & Ed Morse

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio.In this episode, we feature conversations with Wei Li & Ed Morse.Watch Tom and Paul LIVE every day on...

22 Okt 20253min

Bloomberg Surveillance TV: October 22nd, 2025

Bloomberg Surveillance TV: October 22nd, 2025

Darrell Cronk, Chief Investment Officer at Wells Fargo Ed Mills, Washington Policy Analyst at Raymond James Jane Foley, Head of FX Strategy at Rabobank Virginia Governor Glenn Youngkin (R) Darrell Cr...

22 Okt 202530min

Stocks Struggle as Gold Rout Deepens

Stocks Struggle as Gold Rout Deepens

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyOctober 22nd, 20251) Wei Li, Global Chief Investment Strategist at BlackRoc...

22 Okt 202535min

Single Best Idea with Tom Keene: Dominic Konstam & Rohit Goel

Single Best Idea with Tom Keene: Dominic Konstam & Rohit Goel

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio.In this episode, we feature conversations with Dominic Konstam & Rohit Goel.Watch Tom and Paul LIVE e...

21 Okt 20253min

Populärt inom Business & ekonomi

badfluence
framgangspodden
varvet
rss-jossan-nina
rss-borsens-finest
uppgang-och-fall
avanzapodden
fill-or-kill
rss-inga-dumma-fragor-om-pengar
bathina-en-podcast
lastbilspodden
rss-dagen-med-di
rss-kort-lang-analyspodden-fran-di
24fragor
montrosepodden
rss-den-nya-ekonomin
borsmorgon
dynastin
market-makers
svd-tech-brief