Analysts Upgrade Roku (NASDAQ: ROKU), Stock Soars After Big Q2 Earnings Beat

Benzinga

•

August 9th, 2019

DESCRIPTION

Roku Inc. (NASDAQ: ROKU) reported second-quarter results which prompted two analysts to turn bullish on the streaming content provider. Earnings came in at a loss of 8 cents per share, beating estimates by 13 cents. Sales came in at $250.1 million, beating estimates by $25.9 million. The company also issued strong third-quarter sales guidance. Read more: https://bit.ly/2H9rxM3

Benzinga

Benzinga delivers fast, actionable financial news and market insights to help investors stay ahead of the curve. From breaking market headlines and earnings coverage to expert analysis on stocks, options, futures, crypto, and macro trends, Benzinga connects audiences with the information that moves markets. Our video content features real-time market commentary, educational segments, and exclusive interviews with industry leaders—designed for active traders, long-term investors, and anyone looking to better understand the financial landscape.