Form 8-K ROKU, INC For: Sep 05
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Truist on Roku Inc. (ROKU): 'We view 3Q results as satisfactory and view the additional cost actions as positive'
September 6, 2023 6:39 AM EDTTruist Securities analyst Matthew Thornton reiterated a Hold rating and $80.00 price target on Roku Inc. (NASDAQ: ROKU).
The analyst comments "
Roku filed an 8K early this morning:
The company now sees 3Q23 revenue of ~$855m (versus consensus/Truist... More
Roku (ROKU) to Cut Additional 10% Staff
September 6, 2023 6:07 AM EDTIn light of Roku (NASDAQ: ROKU) continuing evaluation of its operations, on September 5, 2023, the Company determined to implement additional measures to continue to bring down its year-over-year operating expense growth rate by consolidating its office space utilization, performing a strategic review of its content portfolio, reducing outside services expenses, and slowing its... More
