Qualcomm, Roku, Etsy and more

Qualcomm, Roku, Etsy and more

Roku (ROKU): Shares plunged in extended trading after the company forecasted a wider-than-expected loss. Roku expects adjusted EBITDA of negative $135 million for the fourth quarter, more than three times what analysts were expecting. For the third quarter, revenue was $761.4 million, up 12% from a year ago, while average revenue per user rose 10% year-over-year to $44.25.

In the earnings release, Roku outlined plans to slow hiring, writing, “We will continue to slow headcount and OpEx…


Source link

About search

Check Also

So, I chatted with President Joe Biden: My notes behind the scenes – Yahoo Finance

So, I chatted with President Joe Biden: My notes behind the scenes – Yahoo Finance

[unable to retrieve full-text content]So, I chatted with President Joe Biden: My notes behind the …

Leave a Reply

Your email address will not be published. Required fields are marked *