Roku Releases First Quarter 2018 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Roku (ROKU) Progress Accelerating - Needham & Company
May 10, 2018 7:29 AM EDTNeedham & Company analyst Laura Martin reiterated a Buy rating and $50 price target on Roku Inc. (NASDAQ: ROKU) following the company's beat-and-raise quarter.
Martin commented, "ROKU over-delivered its guidance (again) with 1Q18 revenue of $136.6.2mm (up 36% and 8% above our estimate) and Adjusted... More
Roku (ROKU) Tops Q1 EPS by 8c; Raises Outlook
May 9, 2018 4:07 PM EDTRoku (NASDAQ: ROKU) reported Q1 EPS of ($0.07), $0.08 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $136.6 million versus the consensus estimate of $127.15 million.
Total net revenue up 36% YoY to $136.6 million; Platform revenue up 106% YoY to $75.1 million; Gross profit up 62% YoY to... More

