Roku beat Wall Street estimates for second-quarter revenue on Thursday, benefiting from strong ad sales and the ongoing shift from cable TV to streaming platforms.
This CNBC documentary is about the rise and fall of Vladislav Klyushin and his business empire. Klyushin was just released from a U.S. prison in a prisoner swap.
Roku was one of the biggest winners of the pandemic years but has fallen quite a bit since then.
ROKU's second-quarter 2024 performance is expected to have been aided by growth in The Roku Channel library and Roku TV users amid increasing competition.
Roku reports its second-quarter results after the market close on Aug. 1. Its guidance calls for another loss on its strongest year-over-year revenue growth in more than two years.
Get a deeper insight into the potential performance of Roku (ROKU) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Roku stands out from the streaming pack with its totally free channels. Shopify's margins are starting to look stronger.
Recently, Zacks.com users have been paying close attention to Roku (ROKU). This makes it worthwhile to examine what the stock has in store.
Alphabet reported slower revenue growth at YouTube than expected. Comcast's Peacock also reported a decline in subscribers.
Roku Inc (NASDAQ:ROKU) is likely to deliver an earnings beat for the second quarter when the smart TV and streaming company reports on Thursday, August 1, analysts at Wedbush believe. Wall Street analysts, on average, expect Roku to post a loss per share of $0.45 on revenue of $935.3 million.
Peacock's news of declining subscriptions is bad news for the Roku Channel. If streaming is a winner-take-all market, Roku isn't in position to be one of the companies left standing.
Fiverr and Roku have strong revenue growth in the last four years, with Fiverr up 125% and Roku up 135% -- despite two years of obstructed growth. Both companies are generating healthy and rising free cash flow again after inflation-driven dips in 2022.