Behind the surprise tax in Brazil that shook Netflix’s revenue
An unexpected and painful $619 million tax charge from Brazil reduced Netflix's September quarter operating margin, defying Wall Street's optimistic ...
Tag: Brazil
Netflix shares fall as Brazil tax dispute weighs on profits
Stocks fall more than 5% after earnings releaseFourth-quarter forecast slightly above Wall Street targetsThe company cites “good momentum”LOS ANGELES, October ...
Netflix shares sell off after third-quarter earnings miss and warning over Brazil tax dispute
Netflix fell short of Wall Street analysts' expectations in the third quarter and said a dispute with Brazilian tax authorities ...
Netflix Misses Profit Targets After Brazil Tax Dispute
By Lisa Richwine LOS ANGELES (Reuters) - Netflix missed Wall Street's third-quarter profit targets due to an unexpected expense stemming ...
