Roku shares surge as company halves quarterly losses, adds 4 million streaming households
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Roku shares surged after the company reported a stronger-than-expected quarterly performance, halving its losses and adding 4 million new streaming households. The company is on track to reach 100 million streaming households next year.
February 14, 2025 | 3:45 pm
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Roku's stock surged to a yearly high following a strong quarterly report, with the company halving its losses and adding 4 million new streaming households. The positive performance suggests continued growth, with a target of 100 million households next year.
Roku's better-than-expected quarterly results, including halved losses and significant growth in streaming households, have positively impacted investor sentiment, driving the stock to a new yearly high. The company's growth trajectory towards 100 million households further supports a positive outlook.
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