Company
Roku Inc
NASDAQ:ROKU
Roku pioneered streaming for the TV, and we aspire to power every TV in the world. We developed a streaming platform that delivers a best-in-class user experience. At the heart of the Roku platform is our proprietary operating system, the Roku OS, which we built from the ground up. Roku is recognised for streaming innovation. This is demonstrated by our growing, passionate and highly engaged customer base who love Roku streaming devices because of our coveted content selection, ease of use, and value.
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Roku continues to frustrate but analysts at Oppenheimer see value
The broker, which also reduced earnings forecasts for the company, suggested September's appointment of Charlie Collier as president of media should be a positive move.
Roku shares drop on weak fourth-quarter revenue forecast
The company said it expects total revenue to be about $800 million in the fourth quarter, down from $865.33 million a year earlier and below analysts' average estimate of $895.5 million
Roku Inc sees 4Q revenue miss expectations
The home entertainment company reported $865.3 million in revenue during 4Q compared with consensus estimates of just over $894 million
LATE MOVERS: Boeing stock closes up after Trump grounds 737 MAX planes; Roku shares fall
Also making moves Wednesday were BP and Take-Two Interactive
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LATE MOVERS: Stamps.com falls as it ends USPS partnership; Trade Desk leaps
Also on the move: Roku Inc, Dropbox Inc, The Trade Desk Inc and home furnishings e-tailer Wayfair Inc
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EARLY MOVERS: Qualcomm shares lag in pre-market as Apple battle weighs; Roku Inc plunges despite latest earnings
Also in play before the New York bell are Wynn Resorts, the hotel and casino group and Square Inc
Investments and investor services
PRE-MARKET MOVERS: Rite Aid calls off Albertsons merger
A look at the stories making waves ahead of the bell, including results from Yelp, Roku and Jack in the Box.
Roku shares fall after Amazon and Best Buy smart TV partnership
Best Buy and Amazon are coming together to offer smart TVs with Fire TV built-in
Roku shares jump after announcing ESPN+ streaming access
The sports video streaming service offers access to live and past sporting events
Roku shares plunge further in pre-market trading following disappointing 2018 forecast
The Nasdaq-listed streaming service provider saw its shares drop nearly 20% on Wednesday after it forecast losses of between US$40mln to US$55mln for 2018
Roku, Jack in the Box, Pandora Media and more - AFTER HOURS
Proactive takes a look what what moved the needle after the bell in New York