Roku Releases Second Quarter 2018 Financial Results
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August 9, 2018 8:47 AM EDT
RBC Capital raised its price target on Roku Inc. (NASDAQ: ROKU) to $48.00 (from $45.00) while maintaining a Sector Perform rating.
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August 9, 2018 7:30 AM EDT
Needham & Company analsyt Laura Martin reiterated a Buy rating and $60 price target on Roku Inc. (NASDAQ: ROKU) following another 'beat and raise' quarter.
Martin views "all system go" for ROKU. What she liked the most was
a) raised FY18 guidance;
b)... More
August 8, 2018 4:07 PM EDT
Roku (NASDAQ: ROKU) reported Q2 EPS of $0.00, $0.15 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $156.8 million versus the consensus estimate of $141.48 million.
A few Q2 2018 highlights: Total net revenue up 57% YoY to $156.8 million; Platform revenue up 96% YoY to $90.3 million;...
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