Roku: Market Sweats The Details Too Much
Roku, Inc. reported strong Q3 2024 results with revenues growing a crisp 16%. The stock is slumping due to weak guidance, though the company has a history of conservative guidance leading to big quarterly beats. Roku is cheap at 2x EV/S targets with the potential for upside growth due to new initiatives.
Why Roku Stock Is Crashing Today
Why did Roku's stock crash despite strong earnings? Flimsy reasons behind the price drop could amount to a buying opportunity.
ROKU Q3 Loss Narrower Than Expected, Revenues Increase Y/Y
ROKU's third-quarter 2024 results benefit from consistent growth in streaming households and streaming hours on The Roku Channel.
Roku Stock Tumbles on Disappointing Outlook, Plan To Withhold Streaming Numbers
Roku (ROKU) shares are tumbling 14% in premarket trading Thursday, a day after the company posted a disappointing fourth-quarter outlook and said it would stop issuing quarterly household streaming figures starting next year.
Roku, Inc. (ROKU) Q3 2024 Earnings Call Transcript
Roku, Inc. (NASDAQ:ROKU ) Q3 2024 Earnings Conference Call October 30, 2024 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 Conference Call Participants Cory Carpenter - JPMorgan Justin Patterson - KeyBanc Vasily Karasyov - Cannonball Research Ruplu Bhattacharya - Bank of America Jason Bazinet - Citi Peter Supino - Wolfe Research Steven Cahall - Wells Fargo Cameron McVeigh - Morgan Stanley Ian Peterson - Evercore ISI Operator Good day everyone and thank you for standing by. Welcome to the Third Quarter 2024 Roku Earnings Conference Call.
Roku (ROKU) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Roku (ROKU) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Roku (ROKU) Reports Q3 Loss, Tops Revenue Estimates
Roku (ROKU) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.35. This compares to loss of $2.33 per share a year ago.
Roku Q3 Earnings Highlights: Revenue Beat, EPS Beat, Streaming Households Hit 85.5 Million
Roku Inc ROKU reported third-quarter financial results after the market close Wednesday.
Roku's stock falls after streaming company posts another quarterly loss
Roku Inc.'s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.
Roku quarterly revenue beats estimates
Roku beat Wall Street estimates for third-quarter revenue on Wednesday, driven by higher advertising sales on its platform.
Roku Tops Wall Street Estimates In First $1B Revenue Quarter; Streaming Provider To Stop Reporting Household Tally In 2025
Roku easily outdid Wall Street analysts' consensus forecast in the third quarter, delivering a 16% jump in revenue to $1.06 billion and narrowing its loss per share to 6 cents. It was the first quarter the company exceeded $1 billion in revenue.
ROKU to Report Q3 Earnings: What's in Store for ROKU Stock?
ROKU's third-quarter 2024 results are likely to benefit from diversifying revenue streams and expanding monetization products amid intense competition.
