In the most recent quarter (ended June 30), streaming platform Roku (NASDAQ: ROKU) reported revenue of $764.4 million, up 18% year over year, and a loss per share of $0.82, compared to a $0.52 profit in the second quarter of 2021. As a result, Roku's shares dropped a whopping 25% immediately following the announcement. In the most recent quarter, Roku was able to increase active accounts 14%, streaming hours 19%, and average revenue per user 21% year over year -- all signs of continued growth following huge gains posted during 2020 and 2021. Read More...
In the most recent quarter (ended June 30), streaming platform Roku (NASDAQ: ROKU) reported revenue of $764.4 million, up 18% year over year, and a loss per share of $0.82, compared to a $0.52 profit in the second quarter of 2021. As a result, Roku’s shares dropped a whopping 25% immediately following the announcement. In the most recent quarter, Roku was able to increase active accounts 14%, streaming hours 19%, and average revenue per user 21% year over year — all signs of continued growth following huge gains posted during 2020 and 2021.
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