For the third quarter, Netflix said it recorded its best ad sales quarter in history but did not disclose a number.
Netflix missed Wall Street’s third-quarter earnings targets because of an unexpected expense from a Brazilian tax dispute 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 per cent this year ahead of the earnings release, fell 5.6 per cent to $1,171.24 (€1,008) in aft
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