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Posts Tagged ‘ROKU’

Roku Collapses Despite Beating on Revenue and Earnings in Q3

Shares of streaming device maker Roku were tanking following the company’s third quarter financial report despite beating on both the top and bottom line. The stock had one of its worst trading days on record. For the third quarter, Roku reported a loss per share of 9 cents while analysts were waiting for a loss…

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Netflix Issues Impressive Guidance and Stellar Q3 Financial Results

Netflix reported third quarter financial results that thrilled Wall Street. The e-streaming giant beat on earnings and came inline on revenues. For the quarter, earnings per share at 89 cents was higher than the 68 cents that was expected by a Refinitiv consensus estimate. Net income soared to $402.8 million, or 89 cents per share,…

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Analysts Are Feeling Strong About Netflix’s Future

Streaming content giant Netflix saw its shares pop after getting some bullish remarks from Citigroup. According to the firm, investors should be buying Netflix on the big dip. Shares of Netflix had falling in the week, falling almost 12% as the tech sector continued to sell off. Citi has said that Netflix is a “high-quality,…

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Roku Stock Gains on KeyBanc Price Target Hike

Streaming device maker Roku saw its shares climb after KeyBanc Capital Markets analyst Evan Wingreen upped his price target on the stock from $67 to $81. According to the analyst’s channel checks, there has been relatively stable year-over-year customer growth for the company in July and August. The analyst is optimistic about the company’s Roku…

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