Roku Q2 EPS $(0.76) Beats $(1.27) Estimate, Sales $847.20M Beat $773.43M Estimate
Portfolio Pulse from Benzinga Newsdesk
Roku reported Q2 earnings per share (EPS) of $(0.76), beating the analyst consensus estimate of $(1.27) by 40.16%. This is a 7.32% increase over losses from the same period last year. The company also reported quarterly sales of $847.20 million, beating the analyst consensus estimate of $773.43 million by 9.54%. This is a 10.83% increase over sales from the same period last year.
July 27, 2023 | 8:05 pm
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POSITIVE IMPACT
Roku's Q2 earnings and sales beat analyst estimates, indicating a strong financial performance.
Roku's Q2 earnings and sales have exceeded analyst estimates, which is typically a positive signal for the company's financial health and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100