Roku Q3 Earnings Highlights: Revenue Beat, EPS Beat, Streaming Households Hit 85.5 Million
Portfolio Pulse from Chris Katje
Roku Inc reported strong Q3 earnings with revenue and EPS beating expectations. The company saw significant growth in streaming households and platform revenue. Despite positive results, Roku's stock fell 7.4% in after-hours trading.
October 30, 2024 | 9:00 pm
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Roku reported Q3 revenue of $1.06 billion, beating estimates, and a smaller-than-expected loss per share. Streaming households grew to 85.5 million. Despite positive earnings, the stock fell 7.4% in after-hours trading.
Roku's Q3 earnings exceeded expectations with strong revenue and EPS performance. However, the stock's 7.4% drop in after-hours trading suggests investor concerns, possibly due to future guidance or market conditions.
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