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The Independent UK
The Independent UK
National
Michael Liedtke

Netflix blames tax dispute in Brazil for earnings miss

Netflix Brazil Stock Market Warner Bros Discovery

Netflix missed the earnings target set by stock market analysts during the video streamer’s latest quarter, a letdown that the company blamed on a tax dispute in Brazil.

The results announced Tuesday broke Netflix's six-quarter streak of posting a profit that eclipsed analysts' projections.

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The Independent UK
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