(VIANEWS) – Shares of Roku (NASDAQ: ROKU) jumped 9.19% to $68.77 at 11:26 EST on Wednesday, after five consecutive sessions in a row of gains. NASDAQ is dropping 0.43% to $13,219.74, following the last session’s upward trend. This seems, up until now, a somewhat negative trend exchanging session today.
Roku’s last close was $62.98, 40.5% below its 52-week high of $105.85.
About Roku
Roku, Inc., together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The company also provides digital advertising and related services, including the demand-side ad platform and content distribution services, such as subscription and transaction revenue shares; media and entertainment promotional spending services; premium subscriptions services; video and display advertising services; and sells branded channel buttons on remote controls of streaming device. In addition, it offers billing services; and brand sponsorship and promotions, as well as manufactures, sells, and licenses smart TVs under the Roku TV name. Further, the company provides streaming players, audio products, and smart home products and accessories under the Roku brand name. It offers its products and services through retailers and distributors, as well as directly to customers through its website in the United States, Mexico, Canada, the United Kingdom, Brazil, and Germany. Roku, Inc. was incorporated in 2002 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, Roku has a trailing twelve months EPS of $-5.18.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -24.81%.
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