Netflix shares drop after streamer misses earnings estimates, citing Brazilian tax dispute
The Netflix logo is displayed at Netflix studios on October 7, 2025 in Los Angeles, California.Shares of Netflix fell as much as 7% after the company posted a third-quarter earnings miss after the closing bell Tuesday.The streamer cited an ongoing dispute with Brazilian tax authorities for the weaker-than-estimated results. "Operating margin of 28% was below our guidance of 31.5% due to an expense related to an ongoing dispute with Brazilian tax authorities that was not in our forecast," the company said in ...