Roku Q3 EPS $(2.33) Vs $(0.88) Prior Year, Sales $912.02M Beat $855.16M Estimate
Portfolio Pulse from Benzinga Newsdesk
Roku reported Q3 losses of $(2.33) per share, a 164.77% decrease from $(0.88) per share last year. However, the company's quarterly sales of $912.02M beat the analyst consensus estimate of $855.16M by 6.65%, marking a 19.79% increase from the same period last year.
November 01, 2023 | 8:07 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Roku's Q3 earnings show a significant increase in losses but also a strong increase in sales, beating estimates.
Roku's increased losses may concern investors, potentially driving the stock price down. However, the strong sales performance, beating estimates, could offset this negative impact and maintain the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100