Roku's Earnings Report Will Be Ugly, but It Can Also Be Beautiful
This is a big and potentially scary week for Roku (NASDAQ: ROKU) investors -- like me. The streaming TV pioneer reports fresh financials on Wednesday afternoon.
The bar is set pretty low. This pole vault turned into a limbo competition this summer when Roku warned that it was modeling just $700 million in revenue for the quarter it will peel back later this week. This would translate into a 3% year-over-year increase and a crushing 8% sequential decline. Both of those timeline perspectives are problematic.
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Source Fool.com