83 days ago • Posted by William Ramstein

Roku continues rise after strong earnings

Roku reported surprise net income per share of 49 cents in the fourth quarter on revenue of $649.9 million. The average analyst estimate was a loss of 3 cents and revenue of $616.8 million. The company added 14.3 million active accounts, for a total of 51.2 million, matching preliminary data for the quarter released last month. Shares of Roku have roughly doubled since early November, when it reported third-quarter results. Source: Bloomberg