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Roku, the streaming device maker, reported its Q3 earnings, beating revenue expectations but posting a net loss of $330 million. The company saw a 20% increase in revenue to $912 million and a rise in active accounts to 75.8 million. Despite the net loss, Wall Street reacted positively to Roku's outlook for full-year profit and its cost-cutting measures. Roku's stock soared 15% after the earnings announcement, and the company forecasts strong revenue on subscriber and ad strength.
Cathie Wood took some profit in $ROKU after a big run. $ARKK sold 171,268 shares on Monday. Roku is still the fund's biggest holding with a 9.4% weighting. https://t.co/CTyTjNzSRs
Cathie Wood pulls $14 million out of Roku after strong Q3 earnings https://t.co/8H6eIzZgIM
NOTABLE RETURNS FOR THE WEEK $ROKU +50% $SHOP +32% $AFRM +32% $DASH +30% $GNRC +30% $PINS +28% $PARA +27%
It's been a crazy week. Roku $ROKU is up more than 50%. https://t.co/Aixy0YyAre
$ROKU Revenues (trailing five-year Platform revenues: 53% CAGR) https://t.co/C4Io0dgPBG
I'm not even short but how does $ROKU jump 30% on those numbers. No DCFs from 2019 had losses at $350 million in a quarter. 38% net loss margin.
⚠️BREAKING: *ROKU SHARES SOAR 30% AS IMPROVING AD REVENUE FUELS UPBEAT FORECAST $ROKU https://t.co/6WXCvdOvrL
Roku adds $2.6 billion in 3 hours as stock soars on surprise Q3 profit https://t.co/0dgKkRNXkL
Roku stock soars on strong guidance as company sees signs of ad rebound https://t.co/V5xdbGykfo by @allie_canal 🚀 $ROKU +30.74% https://t.co/rQ2DYU8mCk
Roku soars as improving ad revenue fuels upbeat forecast https://t.co/LqVhDgSc7x https://t.co/5y5qoDKlCW
$ROKU (+18.4% pre) Roku stock soars on Q3 revenue beat https://t.co/LqbHBST48X
⚠️BREAKING: *ROKU 3Q EARNINGS PER SHARE -$2.33, EST. -$1.96 *ROKU 3Q REVENUE $912M, EST. $855M https://t.co/kYFJx2QUZw 👈 $ROKU +18.5% https://t.co/IipgVC59XS
$ROKU up 18%, $SHOP up 15%, $DASH up 10%, $PYPL up 6% Return of the Glory Days Baby
Roku stock soars 18% on third-quarter revenue beat, solid outlook https://t.co/XrpsuoGMNN
Roku shares soar 17% on third-quarter revenue beat https://t.co/FXiGlcaI2C
Roku forecasts strong revenue on subscriber, ad strength; shares jump 17% https://t.co/uwJanDHJXi https://t.co/T3q6uYNm3W
Roku's total net revenue of $912 million surpassed analysts' expectations for the third quarter. https://t.co/UqxxSuv6c2
Roku shares soar 15% on third-quarter revenue beat https://t.co/3TDeTgv9Nj
$ROKU is 21 years old and is committed to positive *Adjusted* EBITDA next year. Wen real profits? https://t.co/Bsmyhe5r3I
Roku Beats Wall Street Revenue Expectations, Sees Improvement in Ad Business https://t.co/I38BEm8Fm9
$ROKU Roku misses on eps, beats on rev. "We had a solid rebound in video ads in Q3 and we expect the YoY growth rate of video ads in Q4 to be similar." +15.8% AH https://t.co/e7zN9pCxL7
Wall Street Cheers Roku Outlook For Full-Year Profit; Q3 Results Miss Estimates But Active Accounts Rise To 75.8M And Cost-Cutting Benefits Start To Materialize https://t.co/47VcaUlFTP
Roku reported Q3 revenue of $912 million, up 20%, and a net loss of $330 million — more than double the net loss of $122 million in the year-ago period. https://t.co/5HKZO9QBBm
$ROKU | Roku Q3 Earnings Rundown: Revenue Grows 20%, Active Accounts Jump, Shares Surge Roku Inc (NASDAQ:ROKU) reported third-quarter financial results Wednesday after the close. Here's a look at the key metrics from the quarter. Q3 Earnings: Roku said third-quarter revenue… https://t.co/xB88qE2P1T
Roku Beats Q3 Revenue Forecast as Net Loss Grows, Remains Cautious About 'Uneven Ad Market Recovery' https://t.co/OkK8Vt2dk9
$ROKU | Roku Q3 Earnings: - EPS/Loss $2.33 - Sales $912.02M (Est. $855.16M)
Roku, $ROKU earnings: - Revenue $955 million vs $953 million Link: https://t.co/E9SOE2vSsi
Earnings tomorrow: $PYPL PayPal $ROKU Roku $QCOM Qualcomm $ABNB Airbnb $ETSY Etsy $CVS CVS Health