Netflix Shares Sell Off After Q3 Earnings Miss, Warning About Brazilian Tax Dispute; Ad Growth Robust ...Middle East

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Netflix Shares Sell Off After Q3 Earnings Miss, Warning About Brazilian Tax Dispute; Ad Growth Robust
Netflix fell short of Wall Street analysts’ earnings expectations in the third quarter and said a dispute with Brazilian tax authorities kept operating margins from meeting its guidance. Revenue came in on target during the June-to-September period, reaching $11.51 billion. Earnings per share of $5.87 on a diluted basis came in more than a dollar […]

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