Roku (ROKU) Reports Q2 Loss, Tops Revenue Estimates

Roku (ROKU) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.45. This compares to loss of $0.76 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 46.67%. A quarter ago, it was expected that this video streaming company would post a loss of $0.64 per share when it actually produced a loss of $0.35, delivering a surprise of 45.31%. Over the last four quarters, the company has s ...