Strong Q3 Performance Drives Roku (ROKU.US) Shares Up Over 11%

Stock News

Oct 31

On Friday, Roku Inc (ROKU.US) surged more than 11%, hitting a yearly high at $111.11. The rally followed the company's robust third-quarter financial results, driven by continued expansion in its advertising business and strengthened positioning in the connected TV market.

Revenue reached $1.21 billion, marking a 14% year-over-year increase, while adjusted EBITDA stood at $117 million, surpassing analyst expectations. Wedbush noted that as profitability grows, Roku is strategically positioning itself for substantial advertising business expansion with multiple pathways to success.

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The rally followed the company's robust third-quarter financial results, driven by continued expansion in its advertising business and strengthened positioning in the connected TV market.</p>\n<p>Revenue reached $1.21 billion, marking a 14% year-over-year increase, while adjusted EBITDA stood at $117 million, surpassing analyst expectations. 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The rally followed the company's robust third-quarter financial results, driven by continued expansion in its advertising business and strengthened positioning in the connected TV market.</p>\n<p>Revenue reached $1.21 billion, marking a 14% year-over-year increase, while adjusted EBITDA stood at $117 million, surpassing analyst expectations. Wedbush noted that as profitability grows, Roku is strategically positioning itself for substantial advertising business expansion with multiple pathways to success.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4108","symbol_name":"电影和娱乐","start_time":0,"source_url":"","article_id":"1178612907","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1178612907","pubTimestamp":1761924732,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"On Friday, Roku Inc (ROKU.US) surged more than 11%, hitting a yearly high at $111.11. 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