Roku Stock Jumps on Higher-than-Estimated Results, JPMorgan Raises Price Target
Roku (ROKU) shares are jumping around 15% in premarket trading Friday, after the streaming company posted better-than-estimated fourth-quarter results.
5 Reasons Roku Is Moving Higher on Friday
We're in the home stretch for earnings season, and a strong report can send a stock higher. Shares of Roku (ROKU 2.38%) initially moved sharply skyward after the company posted encouraging financial results on Thursday afternoon following the market's closing bell.
Roku Q4 Earnings: Look Beyond The Noise, Inflection Point
Roku is poised for a turnaround, with free cash flow expected to nearly double by 2025, attracting institutional investors. The stock is currently priced at 35x forward free cash flow and operates debt-free, making it an attractive investment. Roku's ad business is set to grow faster than 2024, and expanding retail reach should boost user growth and revenue.
Cathie Wood's Ark Invest sold Roku, Robinhood on Thursday: here's what it bought
On Thursday, Ark Invest, led by Cathie Wood, sold a chunk of its Robinhood shares. The sales come after the company posted strong earnings for the fourth quarter.
Roku, Inc. (ROKU) Q4 2024 Earnings Call Transcript
Roku, Inc. (NASDAQ:ROKU ) Q4 2024 Earnings Conference Call February 13, 2025 5:00 PM ET Company Participants Conrad Grodd - Vice President, Investor Relations Anthony Wood - Founder, Chairman and Chief Executive Officer Dan Jedda - Chief Financial Officer Charlie Collier - President, Roku Media Mustafa Ozgen - President Devices Conference Call Participants Shyam Patil - Susquehanna Michael Morris - Guggenheim Securities Laura Martin - Needham Jason Helfstein - Oppenheimer Matt Condon - Citizens JMP Ralph Schackart - William Blair Steven Cahall - Wells Fargo Cameron McVeigh - Morgan Stanley Rich Greenfield - LightShed Partners Alan Gould - Loop Capital Barton Crockett - Rosenblatt Operator Good day, and thank you for standing by. Welcome to the Roku Fourth Quarter 2024 Earnings Conference Call.
Roku (ROKU) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Roku (ROKU) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Roku (ROKU) Reports Q4 Loss, Tops Revenue Estimates
Roku (ROKU) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.44. This compares to loss of $0.55 per share a year ago.
Roku had a 'pretty clean' quarter, says Evercore ISI's Mark Mahaney
Mark Mahaney, Evercore ISI Head of Internet Research, joins 'Closing Bell Overtime' to talk Airbnb and Roku earnings.
Roku Platform Drives Earnings Beat
Here's our initial take on Roku's (ROKU 2.38%) fourth-quarter financial report.
Roku Delivers Strong Platform Growth
Roku (ROKU 2.38%), the leading streaming platform, recently released its Q4 2024 earnings on February 13, 2025. The results showcased strong performance, particularly in platform revenue, which exceeded analyst estimates and management's guidance.
Roku wants to leave ‘conservatism' behind. Its outlook bears this out.
Roku's stock soars more than 15% on upbeat outlook based on ”clear and accurate” data rather than ”conservatism.”
Roku Cracks $1B Mark In Platform Revenue In Q4; Shares Jump
Roku delivered a strong set of fourth-quarter results, including crossing the $1 billion threshold in platform revenue. The streaming giant also reached just shy of 90 million streaming households and drew 34.1 billion streaming hours in 2024, with both stats up double digits from the same period a year earlier. Total revenue of $1.
