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International Business Times UK
International Business Times UK
Business
Marty Vergel Baes

Netflix Stock Sinks After Surprise EPS Miss: Brazil Tax Row Blamed as Record Ad Sales Confuse Markets

Netflix just delivered record ad sales and strong subscriber growth, so why is its stock tumbling?

Investors were left reeling after a surprise earnings-per-share (EPS) miss, triggered by an unexpected and costly tax battle in Brazil.

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