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22.10.25 - 20:31
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Netflix Earnings Hit by Brazil Tax Blow (Bloomberg)
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Netflix shares sliding after a costly tax hit in Brazil wiped out what could've been another blockbuster quarter. The company says the $619 million settlement dragged earnings below forecasts — though revenue and outlook held steady. Robert Fishman, Research Analyst at Moffettnathanson, joined Bloomberg Open Interest to talk about the results.
(Source: Bloomberg)...
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