Netflix (NFLX) Ends 3-Day Run After $620-Million Tax Blow

Group 1 - Netflix Inc. experienced a significant drop of 10.07% in stock price, closing at $1,116.37, following a tax issue in Brazil that impacted its quarterly performance [1][3] - In Q3, Netflix reported a net income increase of 7.7% to $2.547 billion, with revenues rising by 17.3% to $11.5 billion, driven by membership growth, pricing adjustments, and increased ad revenue [2] - The company's operating margin fell to 28%, below the guidance of 31.5%, due to an unexpected tax payment of $619 million to Brazilian authorities [3] Group 2 - For Q4, Netflix aims to achieve a revenue growth of 17%, supported by membership growth, pricing strategies, and ad revenues [4] - The full-year revenue forecast for 2025 is projected to increase by 16% to $45.1 billion, with an expected operating margin of 29% [4]