Roku's (NASDAQ: ROKU) stock plunged 22% during after-hours trading on Feb. 17 following its fourth-quarter earnings report.
The streaming platform and device company's revenue rose 33% year over year to $865.3 million, which broadly missed analysts' expectations by $28.8 million. Its net income declined 65% to $23.7 million, or $0.17 per share, but still beat analysts' estimates by $0.13.
Did investors overreact to those mixed headline numbers, or was the sell-off justified? Let's dive deeper into Roku's report to decide.
Source Fool.com