Roku Q2 Earnings, Revenue Rise; Withholds Outlook Amid Pending Fox Acquisition

MT Newswires Live

08/07

Roku (ROKU) reported Q2 earnings late Thursday of $1.08 per diluted share, up from $0.07 a year earlier.

Analysts polled by FactSet expected earnings of $0.61.

Net revenue for the three months ended June 30 was $1.35 billion, up from $1.11 billion a year earlier.

Analysts expected $1.30 billion.

The company said it did not provide a financial outlook because of its pending acquisition by Fox (FOXA, FOX).

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