Roku falls after forecasting quarterly revenue below estimates

Shares of streaming platform Roku ROKU.O fall 5.3% to $63.75 after the bell

ROKU forecasts Q2 revenue of $1.07 billion, below estimates of 1.09 billion, according to data compiled by LSEG

For the full year, ROKU sees revenue of $4.55 billion, vs estimates of $4.57 billion

Roku has agreed to acquire subscription streaming service Frndly TV for $185 million in cash

Reports Q1 revenue of $1.02 billion vs estimates of $1.01 billion

Stock has fallen 9.5% YTD