The Roku app on a television in Hastings-On-Hudson, New York, US, on Tuesday, July 25, 2023.— The streaming stock jumped 12.5% after announcing plans to lay off 10% of its staff. Roku also lifted its third-quarter revenue guidance, saying it now expects revenue to range between $835 million and $875 million, versus prior guidance of $815 million. Along with the workforce reductions, Roku said it plans to consolidate office space and review its content slate to trim expenses.
Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves after hours: GitLab, Zscaler, AeroVironment and moreThese are the stocks posting the largest moves in extended trading.
Source: NBCLA - 🏆 319. / 59 Read more »
Zscaler stock slips after earnings call, Gitlab shares rise and other stocks on the moveZscaler, Gitlab and Verb Technology are among the active stocks.
Source: MarketWatch - 🏆 3. / 97 Read more »
Japanese stocks climb for seventh day as Hong Kong stocks dropAsia-Pacific stocks mostly decreased Tuesday, Sept. 5, Japanese shares climbing for the seventh day. Hong Kong's Hang Seng Index fell 2.1% to 18,456.91,...
Source: MarketWatch - 🏆 3. / 97 Read more »
Airbnb, Tesla stocks rise, Manchester United, Softbank shares fall and other stocks on the moveAirbnb, Blackstone stocks rose after S&P 500 caretaker said it was adding them to the S&P 500 index.
Source: MarketWatch - 🏆 3. / 97 Read more »
Japanese stocks climb for eighth day as Hong Kong stocks hold steadyAsia-Pacific stocks increased Wednesday, Sept. 6, with the Japanese market showing an eighth day of increases and shares in Hong Kong declining for the...
Source: MarketWatch - 🏆 3. / 97 Read more »