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Roku Q3: A Much Better-Than-Expected Debut


Roku Q3: A Much Better-Than-Expected Debut

The first earnings report from a freshly minted stock is always a nail-biter. That was the case with Roku (NASDAQ: ROKU), maker of streaming-video devices, which just released its inaugural set of quarterly figures following its popular initial public offering in September.

Although analysts expected a significant earnings loss, they also believed the company would post hefty year-over-year revenue growth. So did Roku deliver? Read on to find out.

Image source: Getty Images.

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Source: Fool.com

Roku Stock

€136.34
1.680%
Roku gained 1.680% today.
The stock is one of the favorites of our community with 48 Buy predictions and 1 Sell predictions.
However, we have a potential of -0.25% for Roku as the target price of 136 € is below the current price of 136.34 €.
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