YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Netflix cited an ongoing dispute with Brazilian tax authorities as it posted lower-than-expected quarterly earnings.
Earnings per share were $5.87, below expectations of $6.97. Revenue of $11.51 billion was in line with analysts' predictions.
Netflix is reportedly contesting a 10% tax in Brazil.
Read more from CNBC.
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