Roku Stock Went Up By Over 10% At Session Start On Thursday

(VIANEWS) – Shares of Roku (NASDAQ: ROKU) rose by a staggering 10.08% to $66.11 at 10:59 EST on Thursday, after four successive sessions in a row of gains. NASDAQ is rising 1.95% to $12,046.50, after two sequential sessions in a row of gains. This seems, up until now, an all-around positive trend exchanging session today.

Roku’s last close was $60.05, 66.26% under its 52-week high of $177.96.

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 -1.72%.

Volatility

Roku’s last week, last month’s, and last quarter’s current intraday variation average was 4.46%, 2.09%, and 3.13%.

Roku’s highest amplitude of average volatility was 5.54% (last week), 2.85% (last month), and 3.13% (last quarter).

Revenue Growth

Year-on-year quarterly revenue growth grew by 18.5%, now sitting on 3.04B for the twelve trailing months.

Sales Growth

Roku’s sales growth for the next quarter is 4.8%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 366.7% and a negative 723.5%, respectively.

More news about Roku (ROKU).

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