Roku Stock Jumps on Earnings. What’s Behind the Big Move.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Österreich Nachrichten Nachrichten

Österreich Neuesten Nachrichten,Österreich Schlagzeilen

Roku's total net revenue of $912 million surpassed analysts' expectations for the third quarter.

Roku shares jumped in late Wednesday trading, after the streaming-media company reported higher-than-expected revenue and a larger-than-forecast net increase in active accounts.

The streaming-media company’s net loss of $330.1 million, or $2.33 a share, was wider than the loss of $2.04 a share expected.For the fourth quarter, Roku forecast revenue of about $955 million, which would beat expectations. It also projected $10 million in adjusted earnings before interest, taxes, depreciation, and amortization.

Roku told shareholders: “We remain committed to achieving positive EBITDA for full year 2024 with continued improvements after that.”

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 3. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Amgen’s stock jumps premarket after earnings beat and company again raises guidanceCiara Linnane is MarketWatch's investing- and corporate-news editor. She is based in New York.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

Amgen Stock Jumps on Earnings Beat, Guidance BoostThe biotechnology company beat third-quarter adjusted earnings estimates but fell a bit short on sales.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

E.l.f.’s stock jumps 10% on earnings, revenue beat; strong guidanceJon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter jswartz.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

DoorDash Stock Jumps On Strong EarningsConsumers continue to order out, based on the food delivery firm’s latest results.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

Fastly’s stock jumps 12% on better-than-expected earnings, revenueJon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter jswartz.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

Roku earnings: What to expect from the streaming powerhouseRoku reports third-quarter earnings after the close of Wednesday’s trading
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »