Roku tops earnings expectations but account growth comes up short

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

While growth is expected to slow down from last year's levels, 'we expect continued significant growth in the second half of the year,” Roku says.

Roku Inc. delivered better-than-expected earnings and revenue Wednesday, but its shares slipped in the extended session after active-account growth came up lighter than anticipated.

The company generated net income of $73.5 million, or 52 cents a share, versus a loss of $43.1 million, or 35 cents a share, a year prior. Analysts surveyed by FactSet were expecting 13 cents a share in GAAP earnings. Roku sees an “uncertain operating environment” due to the pandemic and warned in its shareholder letter that supply constraints and elevated component costs will “worsen” in the second half of the year, “leading to increasing negative player gross margin.” The company expects the challenges to continue into 2022.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Hilarious

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 3. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stocks making biggest moves after hours: Etsy, Electronic Arts, Roku & moreSee which stocks are posting big moves after the bell.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Roku Tops Q2 Earnings Expectations, but Total Streaming Hours Decline by 1 Billion from Prior QuarterRoku easily beat Wall Street forecasts for second-quarter 2021 earnings — posting 81% revenue growth — but the net number of new active user accounts fell shy of analyst expectations, w…
Fuente: Variety - 🏆 108. / 63 Leer más »

Roku Tops Q2 Earnings Expectations, but Total Streaming Hours Decline by 1 Billion from Prior QuarterRoku easily beat Wall Street forecasts for second-quarter 2021 earnings — posting 81% revenue growth — but the net number of new active user accounts fell shy of analyst expectations, w…
Fuente: Variety - 🏆 108. / 63 Leer más »

Sony Group Delivers Profit Growth as SPE and Games Earnings RetreatProfit increases from music failed to outweigh declines from film and TV and from games at Japanese electronics and entertainment giant Sony Group. But, overall, the group was able to report a 9% i… Imagine if they still made phones. Sony Sony Pictures might not be for sale but they followed in Paramount's footsteps selling off many of their films to streamers rather than giving them theatrical release including The Mitchells vs. the Machines, Vivo and Cinderella
Fuente: Variety - 🏆 108. / 63 Leer más »