Tech Stocks This Week: Roku Soars, Square Impresses, and Snap Falls
As earnings season continued this week, three tech companies' earnings reports stood out. Roku (NASDAQ: ROKU) and Square (NYSE: SQ) both impressed investors with surging business growth, and Snap (NYSE: SNAP) missed the mark yet again, sending shares plummeting. Here's what investors should know about these three stocks.
Roku's third quarter obliterated expectations. The streaming set-top box company reported revenue of $125 million, up 40% year over year. Meanwhile, Roku's adjusted loss per share narrowed from a loss of $0.17 in the year-ago quarter to a loss of $0.10 in Q3. On average, analysts expected revenue of just $110 million and adjusted loss per share of $0.28.
Image source: Roku.
Source: Fool.com
Square Inc. Stock
€55.41
-2.360%
With 6 Buy predictions and not the single Sell prediction the community is currently very high on Square Inc..
As a result the target price of 85 € shows a very positive potential of 53.4% compared to the current price of 55.41 € for Square Inc..
