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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. Mario Tama | Getty ImagesShares 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 ...

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