's (NASDAQ: ROKU) second-quarter results exceeded Wall Street estimates by a huge margin. Revenue jumped 11% year over year to total $847 million. And after posting a net loss of $112 million in the year-ago quarter, the business only lost $108 million in the latest period. 

Shares have been on an absolute tear, up 137% through the first seven months this year, boosted by the most recent earnings report. But they're still down a whopping 80% from their all-time peak.

Investors shouldn't be discouraged, though. Here's why Roku is still a growth stock to consider buying right now. 

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Source Fool.com