Netflix missed the earnings target set by stock market analysts during the video streamer’s latest quarter, a letdown that ...
Netflix shares sliding after a costly tax hit in Brazil wiped out what could've been another blockbuster quarter. The company ...
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Benjamin Klein of Baskin Wealth Management names Netflix, Constellation Software and Ferrari as strong long-term buys trading ...
Wedbush Analyst Alicia Reese says Netflix's tax hit in Brazil was only one of the disappointments in the streaming giant's ...
Gold prices in us fell another 2.1% on Wednesday morning after a 5% drop on Tuesday, while Netflix shares dropped 6% on ...
Key Takeaways The streamer's third-quarter earnings fell short of Wall Street estimates after logging a one-time tax expense in Brazil.Netflix's stock is the biggest loser in the S&P 500 Wednesday, ...
Netflix shares, one of the streaming giants, are experiencing a turbulent day, falling more than 7%.
Investors have become accustomed to routine outperformance from the company that propelled the stock to a gain of more than ...
Netflix Inc says a tax dispute with Brazil cut into third-quarter earnings, marring results that otherwise fell in line with Wall Street estimates.
Netflix's operating income took a hit as the company had to pay $619 million to settle a multi-year tax dispute with Brazilian authorities, dating back to 2022.
Netflix reported an operating margin of 28% for the third quarter. Without the Brazilian tax expense of roughly $619 million, ...