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Roku: Q3 Earnings Snapshot

By AP News
Published

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Roku Inc. (ROKU) on Wednesday reported a loss of $330.1 million in its third quarter.

The San Jose, California-based company said it had a loss of $2.33 per share.

The results missed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of $2.16 per share.

The video streaming company posted revenue of $912 million in the period, exceeding Street forecasts. Ten analysts surveyed by Zacks expected $857.4 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ROKU at https://www.zacks.com/ap/ROKU

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