Roku forecasts net loss for holiday quarter, shares fall 10 percent

Roku forecasts net loss for holiday quarter, shares fall 10 percent

5 years ago
Anonymous $L9wC17otzH

https://www.reuters.com/article/us-roku-results/roku-forecasts-net-loss-for-holiday-quarter-shares-fall-10-percent-idUSKCN1NC2VT

Roku Inc missed third-quarter estimates for its high margin video streaming platform and forecast a net loss for the holiday quarter, sending its shares down 10 percent in extended trading on Wednesday.

Roku forecasts net loss for holiday quarter, shares fall 10 percent

Nov 7, 2018, 11:16pm UTC
https://www.reuters.com/article/us-roku-results/roku-forecasts-net-loss-for-holiday-quarter-shares-fall-10-percent-idUSKCN1NC2VT >Roku Inc missed third-quarter estimates for its high margin video streaming platform and forecast a net loss for the holiday quarter, sending its shares down 10 percent in extended trading on Wednesday.