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Roku Q3: A Much Better-Than-Expected Debut


Roku Q3: A Much Better-Than-Expected Debut

The first earnings report from a freshly minted stock is always a nail-biter. That was the case with Roku (NASDAQ: ROKU), maker of streaming-video devices, which just released its inaugural set of quarterly figures following its popular initial public offering in September.

Although analysts expected a significant earnings loss, they also believed the company would post hefty year-over-year revenue growth. So did Roku deliver? Read on to find out.

Image source: Getty Images.

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Source: Fool.com

Roku Stock

€53.32
-1.310%
A loss of -1.310% shows a downward development for Roku.
Our community is currently high on Roku with 33 Buy predictions and 6 Sell predictions.
As a result the target price of 93 € shows a very positive potential of 74.42% compared to the current price of 53.32 € for Roku.
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