{"id":968745,"date":"2025-10-22T09:07:50","date_gmt":"2025-10-22T03:37:50","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=968745"},"modified":"2025-10-22T09:32:00","modified_gmt":"2025-10-22T04:02:00","slug":"netflix-blames-tax-dispute-in-brazil-for-rare-quarterly-earnings-letdown","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/10\/22\/netflix-blames-tax-dispute-in-brazil-for-rare-quarterly-earnings-letdown\/","title":{"rendered":"Netflix blames tax dispute in Brazil for rare quarterly earnings letdown"},"content":{"rendered":"<p>Washington: Netflix missed the earnings target set by stock market analysts during the video streamer&#8217;s latest quarter, a letdown that the company blamed on a tax dispute in Brazil.<\/p>\n<p>The results announced Tuesday broke Netflix&#8217;s six-quarter streak of posting a profit that eclipsed analysts&#8217; projections.<\/p>\n<p>The Los Gatos, California, cited an unexpected $619 million expense tied to the Brazilian tax dispute for the earnings shortfall while hailing its lineup of distinctive TV series and films for keeping its audience engaged and delivering a mix of subscriber fees and increased ad sales that helped it deliver revenue that matched analyst forecasts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Washington: Netflix missed the earnings target set by stock market analysts during the video streamer&#8217;s latest quarter, a letdown that the company blamed on a tax dispute in Brazil. The results announced Tuesday broke Netflix&#8217;s six-quarter streak of posting a profit that eclipsed analysts&#8217; projections. The Los Gatos, California, cited an unexpected $619 million expense tied to the Brazilian tax dispute for the earnings shortfall while hailing its lineup of distinctive TV series and films for keeping its audience engaged and delivering a mix of subscriber fees and increased ad sales that helped it deliver revenue that matched analyst forecasts.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-968745","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/968745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=968745"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/968745\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=968745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=968745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=968745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}