Shares of Roku (ROKU -23.81%), tanked about 25% during the week that ended Feb. 16, 2024. Investors were responding to another quarterly earnings report that was full of good news and not-so-good news from the television streaming platform provider.On one hand, the number of active accounts and the amount of time users spend in front of the tube are up. A disappointing decline in demand for digital ads, though, led to lower revenue per user.Roku's still losing money, but those losses are narrowing. Is this ...

By most measures, it was a good fourth quarter. Roku's (ROKU -23.81%) revenue grew 14% year over year to $984.4 million during the period, topping analysts' consensus estimate of $968.2 million and setting a company record. A record-breaking 80 million people used a Roku device in Q4, and the total amount of video people watched using Roku devices hit a new high too. And, after culling its operating expenses, the company's adjusted EBITDA further improved after swinging back into positive territory just a q ...

Roku (ROKU -23.81%) recently reported its financial results for the last three months of 2023. And based on how shares are performing, investors weren't pleased with the numbers. Revenue was better than expected, but management warned of ongoing industry headwinds this year.The latest update proves again that Roku is dealing with an uncertain macroeconomic backdrop. And this will continue to impact the digital advertising market in the near term.Nonetheless, the business is still well positioned to gain fro ...

Coming into Thursday afternoon's earnings report, Roku (ROKU -23.81%) appeared to be making a comeback. After plunging more than 90% from its pandemic peak, Roku's share price had more than doubled from its bear market bottom as revenue growth has accelerated and the company benefited from lower costs after multiple rounds of layoffs.However, the leading streaming distribution platform's fourth-quarter report left investors unimpressed, and the stock has fallen over 20% as of this writing.Roku's actual numb ...

Bloomberg/Bloomberg via Getty Images In mid-December, I warned Roku, Inc. (NASDAQ:ROKU) investors that ROKU's FOMO surge wasn't sustainable as it surged into well-overvalued zones. As a result, a further valuation re-rating would have required the company to deliver significant outperformance to justify such a move. With ROKU down nearly 30% from my previous Sell article as it underperformed the S&P 500 (SPX) (SPY) significantly, I consider the thesis to have played out accordingly. So what happened that le ...

ToplineShares of Roku dropped more than 23% Friday, one day after it reported earnings and a profit forecast below analysts' expectations, sending company shares plummeting in what became Roku’s worst trading day ever.Roku reported earnings Thursday. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via ... [+] Getty Images)SOPA Images/LightRocket via Getty Images Key FactsRoku, which went public in 2017, saw its stock close at $72 Friday after closing at $94.50 per share Thursday. Roku’s stock ...

Roku Inc. shares are on track to shed almost a quarter of their value Friday, and one analyst sees the media-streaming company ”at the precipice of being squeezed by the emergence of challengers on all flanks.”MoffettNathanson analyst Michael Nathanson has been worried that Roku’s ROKU, -23.89% “first-mover advantage in streaming connectivity” could dwindle as bigger players encroach on its turf, and he now wonders if a tipping point is on the horizon. “On the device side, as the market has shifted from sma ...

Expectations were high heading into Roku's (ROKU -23.18%) fourth-quarter report after Thursday's market close. With the shares initially trading 15% lower on the news, it's fair to say that the market doesn't like what it's hearing out of the streaming video pioneer.It wasn't an entirely problematic performance. There were some positives, even if the overall market sentiment was negative. Let's go over the good, the bad, and the ugly of Roku's critical financial update this week.The goodRevenue rose 14% to ...

I previously discussed whether Nvidia was still undervalued or not. In this video, I will talk about the risks Nvidia (NASDAQ: NVDA) might be facing and the steps it is already taking to prevent falling behind.*Stock prices used were from the trading day of Feb. 15, 2024. The video was published on Feb. 16, 2024. ...

Shares of connected-TV platform company Roku (ROKU -21.97%) crashed on Friday after the company reported financial results for the fourth quarter of 2023. Many of the company's numbers were better than anyone expected. But there was still enough concern that investors knocked Roku stock down by 20% as of 9:50 a.m. ET.Good results weren't good enough for the marketIn Q4, Roku reached 80 million active accounts, a 14% year-over-year increase. This represented 10 million new accounts in 2023, its second-best y ...