Share prices of Roku (NASDAQ: ROKU) fell hard last year as investors grew concerned about slowing growth in revenue and mounting losses on the company's bottom line. Despite another weak earnings report for the fourth quarter, however, Roku is starting to show signs that it is turning the corner, including positive trends taking shape with sales of Roku TVs. Two problems for Roku have been supply shortages of TVs and higher TV prices, and tightening spending by advertisers. Read More...
Share prices of Roku (NASDAQ: ROKU) fell hard last year as investors grew concerned about slowing growth in revenue and mounting losses on the company’s bottom line. Despite another weak earnings report for the fourth quarter, however, Roku is starting to show signs that it is turning the corner, including positive trends taking shape with sales of Roku TVs. Two problems for Roku have been supply shortages of TVs and higher TV prices, and tightening spending by advertisers.
