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ROKU / Roku says it ‘does not know' how much of its cash it will be able to recover from SVB

Roku says it ‘does not know' how much of its cash it will be able to recover from SVB
Streaming platform Roku Inc. ROKU, -0.88% on Friday said it “does not know” to what extent it would be able to recover the cash it has deposited with the recently-failed Silicon Valley Bank. Roku said it had cash and cash equivalents of around $1.9 billion as of Friday, with around $487 million — or roughly 26% — at the bank. Read More
Posted: Mar 10 2023, 17:50
Author Name: Market Watch
Views: 1101100

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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