Netflix shares drop after streamer misses earnings estimates - citing Brazilian tax dispute
Yeah, just um some more commentary commentary here about this dispute with the Brazilian tax authorities yielding lower margins than anticipated. The company does guide to Q4 operating margin of 23.9%. That is lower than the 24.2% street account estimate.But some other areas of strength here. The company talking about its ads business saying they are now on track to more than double our ads revenue in 2025. Um and they concluded the US upfront with commitments more than doubling this year.talking about the ...