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.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(4493)

Single Best Idea with Tom Keene: Win Thin & Mandeep Singh

Single Best Idea with Tom Keene: Win Thin & Mandeep Singh

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature our conversations with Bank of Nassau’s Win Thin & Mandeep Singh of Blo...

19 Nov 20253min

Bloomberg Surveillance TV: November 19th, 2025

Bloomberg Surveillance TV: November 19th, 2025

Alicia Levine, Head of Investment Strategy and Equities at BNY Wealth Frances Donald, Chief Economist at RBC Julian Emanuel, Chief Equity & Quantitative Strategist at Evercore ISI Libby Cantrill, M...

19 Nov 202531min

Tech Spending in Focus as Nvidia Report Looms

Tech Spending in Focus as Nvidia Report Looms

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyWednesday, November 19th, 2025Featuring:1) Carol Schleif, Chief Market Stra...

19 Nov 202535min

Single Best Idea with Tom Keene: Stuart Kaiser & Tony Crescenzi

Single Best Idea with Tom Keene: Stuart Kaiser & Tony Crescenzi

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature our conversations with Stuart Kaiser of Citi & PIMCO’s Tony Crescenzi. ...

18 Nov 20253min

Bloomberg Surveillance TV: November 18th, 2025

Bloomberg Surveillance TV: November 18th, 2025

Lisa Shalett, Chief Investment Officer at Morgan Stanley Wealth Management Stephanie Roth, Chief Economist at Wolfe Research Kay Herr, CIO: US GFICC at JPMorgan Asset Management Rep. French Hill, C...

18 Nov 202527min

Markets Watch Fed Signals as Tech and Crypto Remain in Focus

Markets Watch Fed Signals as Tech and Crypto Remain in Focus

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyTuesday, November 18th, 2025Featuring:1) Stuart Kaiser, Head of US Equity T...

18 Nov 202529min

Single Best Idea with Tom Keene: Henrietta Treyz & Ron Josey

Single Best Idea with Tom Keene: Henrietta Treyz & Ron Josey

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio.In this episode, we feature our conversations with Henrietta Treyz of Veda Partners & Citi's Ron Jose...

17 Nov 20252min

Bloomberg Surveillance TV: November 17th, 2025

Bloomberg Surveillance TV: November 17th, 2025

Torsten Slok, Chief Economist at Apollo Global Management Sarah Hunt, Chief Market Strategist at Alpine Saxon Woods Terry Haines, Founder at Pangaea Policy Stephen Parker, Co-Head of Global Investm...

17 Nov 202525min

Populärt inom Business & ekonomi

framgangspodden
varvet
rss-jossan-nina
rss-svart-marknad
badfluence
rss-borsens-finest
avanzapodden
uppgang-och-fall
bathina-en-podcast
rss-inga-dumma-fragor-om-pengar
lastbilspodden
fill-or-kill
dynastin
rss-dagen-med-di
svd-tech-brief
rss-dr-bjorklund
tabberaset
montrosepodden
rss-veckans-trade
borsmorgon