Roku stock surges on earnings beat, record quarter for premium subscriptions

Roku stock surges on earnings beat, record quarter for premium subscriptions

Shares of Roku jumped 8% on Friday after the video streaming company posted fourth-quarter results that trounced analysts’ expectations and offered strong guidance. Here’s how the company did based on analysts’ estimates compiled by LSEG: Earnings per share: 53 cents vs. 28 cents Revenue: $1.39 billion vs. $1.35 billion “The biggest driver of our subscriptions…

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