Roku Rises After Quarterly Revenue, Accounts Beat Estimates
(Bloomberg) -- Roku Inc. shares rose in extended trading after it reported third-quarter revenue that beat the highest analyst estimate.
The video-streaming platform company reported revenue of $451.7 million, well above the highest analyst estimate of $385 million, according to Bloomberg data. Roku also reported earnings per share of 9 cents. Wall Street had been looking for a loss of about 42 cents per share, according to data compiled by Bloomberg.
It added 2.9 million active accounts in the quarter for a total of 46 million and it reported 14.8 billion streaming hours. Bloomberg Consensus data had pointed to about 45.5 million active accounts and 15.23 billion streaming hours.
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https://finance.yahoo.com/news/roku-rise...26590.html
(Bloomberg) -- Roku Inc. shares rose in extended trading after it reported third-quarter revenue that beat the highest analyst estimate.
The video-streaming platform company reported revenue of $451.7 million, well above the highest analyst estimate of $385 million, according to Bloomberg data. Roku also reported earnings per share of 9 cents. Wall Street had been looking for a loss of about 42 cents per share, according to data compiled by Bloomberg.
It added 2.9 million active accounts in the quarter for a total of 46 million and it reported 14.8 billion streaming hours. Bloomberg Consensus data had pointed to about 45.5 million active accounts and 15.23 billion streaming hours.
...
https://finance.yahoo.com/news/roku-rise...26590.html
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