Roku's (NASDAQ: ROKU) stock sank 18% during after-hours trading on Nov. 2 following the release of its third-quarter earnings report. The streaming platform and device maker's revenue rose 12% year-over-year to $761 million, which beat analysts' estimates by $68 million. It posted a net loss of $122 million, compared to a net profit of $69 million a year earlier -- but, that came out to a net loss of $0.88 per share, which cleared the consensus forecast by $0.41.
Roku passed Wall Street's low bar, but a closer look at its growth metrics and guidance reveals some glaring weaknesses. Should investors still buy Roku's stock as it languishes near its lowest levels in nearly four years?
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Source Fool.com