Roku Q2 2024 GAAP EPS $(0.24) Beats $(0.43) Estimate, Sales $968.18M Beat $937.89M Estimate
Portfolio Pulse from Benzinga Newsdesk
Roku (NASDAQ:ROKU) reported Q2 2024 GAAP EPS of $(0.24), beating the $(0.43) estimate. Sales were $968.18M, surpassing the $937.89M estimate and showing a 14.28% increase from the same period last year.
August 01, 2024 | 8:14 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Roku reported better-than-expected Q2 2024 results with a GAAP EPS of $(0.24) beating the $(0.43) estimate and sales of $968.18M surpassing the $937.89M estimate. This indicates strong performance and growth, likely to positively impact the stock price in the short term.
Roku's better-than-expected earnings and revenue figures indicate strong operational performance and growth. Beating both EPS and sales estimates typically leads to positive investor sentiment and a likely increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100