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Tag: Roku Inc. Cl A

Roku stock gains after earnings beat, though ad market remains challenging

Roku stock gains after earnings beat, though ad market remains challenging

April 26, 2023April 26, 2023 · Breaking News

Roku Inc. shares moved 2% higher in Wednesday’s after-hours action as the streaming-media company cited continued ad-market pressures but topped expectations for its latest quarter. The company reported…

Read more Roku stock gains after earnings beat, though ad market remains challenging
Roku to lay off 200 employees, exit some leases to cut costs

Roku to lay off 200 employees, exit some leases to cut costs

March 30, 2023March 30, 2023 · Breaking News

Shares of Roku Inc. ROKU, +5.46% rallied 2.7% in premarket trading Thursday, after the streaming-media company disclosed that it would lay off 200 employees, or about 6% of…

Read more Roku to lay off 200 employees, exit some leases to cut costs
Roku to lay off 200 employees, exit some leases to cut costs

Roku says it ‘does not know’ how much of its cash it will be able to recover from SVB

March 10, 2023March 10, 2023 · Breaking News

Streaming platform Roku Inc. ROKU, -0.88% on Friday said it “does not know” to what extent it would be able to recover the cash it has deposited with…

Read more Roku says it ‘does not know’ how much of its cash it will be able to recover from SVB
Roku stock plunges as downbeat earnings forecast assumes ad budgets could ‘degrade’

Roku stock plunges as downbeat earnings forecast assumes ad budgets could ‘degrade’

November 2, 2022November 2, 2022 · Breaking News

Roku Inc. shares plummeted 19% in after-hours trading Wednesday after the streaming company topped expectations with its latest results but gave a weaker-than-anticipated outlook for the holiday quarter…

Read more Roku stock plunges as downbeat earnings forecast assumes ad budgets could ‘degrade’
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