Roku Stock Tumbles on Disappointing Outlook, Plan To Withhold Streaming Numbers

KEY TAKEAWAYSRoku shares are tumbling 15% in premarket trading Thursday, a day after the company posted a disappointing fourth-quarter outlook and said it would stop issuing quarterly household streaming figures starting next year.For the fourth quarter, Roku said it expects a net loss of $65 million, which is wider than the$57.6 million consensus loss of analysts polled by Visible Alpha.Roku also said that starting from the first-quarter fiscal 2025 earnings results, it no longer would report quarterly up ...