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ROKU / Roku to lay off 200 employees, exit some leases to cut costs

Roku to lay off 200 employees, exit some leases to cut costs
Shares of Roku Inc. ROKU, +5.46% rallied 2.7% in premarket trading Thursday, after the streaming-media company disclosed that it would lay off 200 employees, or about 6% of its workforce as part of a cost-cutting plan. The plan will also include the exit and sublease, or cease the use of, certain office facilities. Read More
Posted: Mar 30 2023, 06:42
Author Name: Market Watch
Views: 101834

ROKU News  

Why Roku Stock Blasted Nearly 9% Higher on Friday

By The Motley Fool
November 3, 2023

Why Roku Stock Blasted Nearly 9% Higher on Friday

In the wake of a solid earnings report, a pair of analysts became more bullish on the stock. They both raised their price targets. more_horizontal

Why Roku Stock Skyrocketed 38% This Week

By The Motley Fool
November 2, 2023

Why Roku Stock Skyrocketed 38% This Week

Roku's third-quarter results easily exceeded Wall Street's expectations. Management pointed to a "solid rebound" in video ads during the quarter, noti more_horizontal

Media stocks pop as Roku rally lifts the sector

By CNBC
November 2, 2023

Media stocks pop as Roku rally lifts the sector

Wall Street celebrated Roku's third quarter-report, in which the company reported strong trends in content distribution and advertising. more_horizontal

Roku Shares Jumped 30% As All-Time High Subscriber Numbers Stoked Revenue Beat

By Investopedia
November 2, 2023

Roku Shares Jumped 30% As All-Time High Subscriber Numbers Stoked Revenue Beat

Roku Inc. (ROKU) shares spiked by more than 30% in trading Thursday after the streaming device and TV maker reported earnings results well ahead of an more_horizontal

ROKU's Q3 Loss Wider Than Expected, Revenues Increase Y/Y

By Zacks Investment Research
November 2, 2023

ROKU's Q3 Loss Wider Than Expected, Revenues Increase Y/Y

ROKU's third-quarter 2023 results benefit from growing active accounts and streaming hours on The Roku Channel. more_horizontal

Roku, Inc. (ROKU) Q3 2023 Earnings Call Transcript

By Seeking Alpha
November 1, 2023

Roku, Inc. (ROKU) Q3 2023 Earnings Call Transcript

Roku, Inc. (NASDAQ:ROKU ) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants Conrad Grodd - Vice President of Investor more_horizontal

Roku posts Q3 revenue beat, reporting $912 million against estimates of $859.9 million.

By Yahoo Finance
November 1, 2023

Roku posts Q3 revenue beat, reporting $912 million against estimates of $859.9 million.

Smart TV creator Roku, Inc. (ROKU) sees its stock jump in after-hours trading on Wednesday after posting a third-quarter revenue beat, reporting $912 more_horizontal

Roku (ROKU) Reports Q3 Loss, Tops Revenue Estimates

By Zacks Investment Research
November 1, 2023

Roku (ROKU) Reports Q3 Loss, Tops Revenue Estimates

Roku (ROKU) came out with a quarterly loss of $2.33 per share versus the Zacks Consensus Estimate of a loss of $2.16. This compares to loss of $0.88 p more_horizontal


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