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Roku Stock Jumps By 20% In The Last 10 Sessions

(VIANEWS) – Shares of Roku (NASDAQ: ROKU) rose by a staggering 20.43% in 10 sessions from $56.49 at 2023-02-14, to $68.03 at 14:29 EST on Wednesday, after two successive sessions in a row of losses. NASDAQ is jumping 0.49% to $11,548.46, after three successive sessions in a row of losses.

Roku’s last close was $65.63, 53.76% below its 52-week high of $141.93.

About Roku

Roku, Inc., together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Player. Its platform allows users to discover and access various movies and TV episodes, as well as live TV, news sports, shows, and others. As of December 31, 2021, the company had 60.1 million active accounts. It also provides digital and video advertising, content distribution, subscription, and billing services, as well as other commerce transactions, and brand sponsorship and promotions; and manufactures, sells, and licenses smart TVs under the Roku TV name. In addition, the company offers streaming players, and audio products and accessories under the Roku brand name; and sells branded channel buttons on remote controls of streaming devices. It provides its products and services through retailers and distributors, as well as directly to customers through its website in the United States, Canada, the United Kingdom, France, Mexico, Brazil, Chile, Peru, North and South Americas, and Europe. 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 $-0.14.

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 -8.68%.

Sales Growth

Roku’s sales growth is negative 7.1% for the ongoing quarter and negative 5% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12%, now sitting on 3.12B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 1117.6% and a negative 484.2%, respectively.

Volume

Today’s last reported volume for Roku is 6765024 which is 12.61% below its average volume of 7691950.

More news about Roku (ROKU).

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