{"id":61305,"date":"2025-10-25T07:18:30","date_gmt":"2025-10-25T07:18:30","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/netflix-shares-dip-9-on-downbeat-earnings-report"},"modified":"2025-10-25T07:53:56","modified_gmt":"2025-10-25T07:53:56","slug":"netflix-shares-dip-9-on-downbeat-earnings-report","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/netflix-shares-dip-9-on-downbeat-earnings-report","title":{"rendered":"Netflix shares dip 9% on downbeat earnings report"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mauritius. <\/strong><\/span>Shares of Netflix dropped more than 9% Wednesday after third-quarter profits were below expectations because of a dispute with Brazilian tax authorities.<\/p>\n<p>The stock price of the US-based streaming service traded around $1,121.37 as of 1610GMT.<\/p>\n<p>The decline followed the company&#8217;s financial results announcement late Tuesday. The third-quarter net income rose to $2.55 billion, or $5.87 per share, up from $2.36 billion, or $5.40, in the same quarter a year ago, but below market expectations.<\/p>\n<p>The company attributed the earnings miss to an unexpected $619 million charge related to the Brazilian tax dispute.<\/p>\n<p>Netflix&#8217;s revenues rose 17% year-on-year to $11.51 billion.<\/p>\n<p>The firm said it anticipates $45.1 billion in revenue for the entire year, a 16% increase over the previous year and consistent with projections of 15%-16% revenue growth.<\/p>\n<p>Citing the Brazilian tax issue, Netflix changed its operating margin expectation for the year; it now anticipates that figure to be 29% rather than the previous estimate of 30%.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Mauritius<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mauritius. Shares of Netflix dropped more than 9% Wednesday after third-quarter profits were below expectations because of a dispute with Brazilian tax authorities. The stock price of the US-based streaming service traded around $1,121.37 as of 1610GMT. The decline followed the company&#8217;s financial results announcement late Tuesday. The third-quarter net income rose to [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":61304,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[2259,241,1793,484,3166,3168,6950],"class_list":["post-61305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-brazil","tag-mauritius","tag-netflix","tag-profits","tag-revenues","tag-stock-price","tag-tax-dispute"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Netflix shares dip 9% on downbeat earnings report - Mauritius<\/title>\n<meta name=\"description\" content=\"Shares of Netflix dropped more than 9% Wednesday after third-quarter profits were below expectations because of a disput ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/netflix-shares-dip-9-on-downbeat-earnings-report\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Netflix shares dip 9% on downbeat earnings report\" \/>\n<meta property=\"og:description\" content=\"Shares of Netflix dropped more than 9% Wednesday after third-quarter profits were below expectations because of a disput ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/netflix-shares-dip-9-on-downbeat-earnings-report\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-25T07:18:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-25T07:53:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2025\/10\/sm_1761366167.081251.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/netflix-shares-dip-9-on-downbeat-earnings-report#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/netflix-shares-dip-9-on-downbeat-earnings-report\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Netflix shares dip 9% on downbeat earnings report\",\"datePublished\":\"2025-10-25T07:18:30+00:00\",\"dateModified\":\"2025-10-25T07:53:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/netflix-shares-dip-9-on-downbeat-earnings-report\"},\"wordCount\":166,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/netflix-shares-dip-9-on-downbeat-earnings-report#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2025\/10\/sm_1761366167.081251.jpg\",\"keywords\":[\"Brazil\",\"Mauritius\",\"Netflix\",\"profits\",\"revenues\",\"stock price\",\"tax dispute\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/netflix-shares-dip-9-on-downbeat-earnings-report#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/netflix-shares-dip-9-on-downbeat-earnings-report\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/netflix-shares-dip-9-on-downbeat-earnings-report\",\"name\":\"Netflix shares dip 9% on downbeat earnings report - 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