Netflix saw its profits continue to surge in Q3, though margins missed the company’s own guidance due to an unusual dispute with tax authorities in Brazil. The company said that were it not for the Brazil matter, it would have beat its forecast, and that it does not expect it to have a material impact on future results.

The streaming giant reported total revenues of $11.5 billion, operating income of $3.2 billion and a margin of 28.2 percent, all up double digits from a year ago.

Netflix is no longer releasing its subscriber figures, choosing instead to put its focus on revenue and income, as it experiments with different revenue models like advertising, and with the price of subscriptions in different markets remaining somewhat variable.

Netflix saw its profits continue to surge

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