BUZZ-Roku shares jump on Q4 revenue beat
ReutersFeb 13, 2025 10:00 PM
Shares of streaming platform Roku ROKU.O rise 10.7% to $96.11 after market
Company tops Wall Street estimate for Q4 revenue, driven by robust subscriber growth and strong advertising sales
ROKU reports revenue of $1.20 billion, compared with analysts' average estimate of $1.15 billion, according to data compiled by LSEG
Company's platform segment, which derives revenue from ad sales and subscriptions, grows 25% to $1.04 billion due to advertising activities, particularly from the political vertical
Shares had fallen nearly 19% in 2024
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