Roku soars 26% after smashing first earnings report
November 08, 2017 at 16:25 PM EST
Roku, the digital streaming business, had a huge first earnings report, greatly surpassing analyst expectations. The company quickly surged over 26% in initial after-hours trading. Roku reported $124.8 million in net revenue for its third quarter, compared to $110 million in analyst estimates. Losses were $7.9 million, lower than the $12.7 million analysts expected. “Our higher margin… Read More