The Worst Is Behind It, but Is Roku Stock a Buy?

Roku's Q1 results showed continued progress in some areas.Roku (ROKU -1.39%) had a very difficult stretch operationally that started in the second quarter of 2022 due to a weak advertising market. Over the next year, the company consistently reported negative adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) until it broke the streak in the third quarter of 2023.Since then, Roku has been back on track, reporting positive adjusted EBITDA and generating positive free cash flow. ...