Netflix misses Q3 earnings targets due to tax dispute in Brazil

LOGIN SUBSCRIBE BYÂ Reuters Listen to this ArticleMore info 0:00 / 0:00 Netflix missed Wall Street's third-quarter earnings targets because of an unexpected expense from a dispute with Brazilian tax authorities, while it offered a forecast a touch ahead of Wall Street projections for the rest of the year. The report failed to impress investors accustomed to fast-paced growth from the streaming video pioneer. Shares of Netflix, which had risen 39% this year ahead of the earnings report, fell 6.3%, to $1,163. ...