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Roku Shares Drop After Rocky Q4

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Roku's company's stock plunged after it gave weaker-than-expected first-quarter 2018 guidance. But the company reported Q4 2017 earnings on Wednesday that beat Wall Street expectations. The connected TV boxes and software maker forecast it will bring in $120-$130m. That's slightly below Wall Street's estimates of $132 million. It posted adjusted earnings per share of $0.06 on revenues of $188.3 million.

Added on the 22/02/2018 10:37:40 - Copyright : Wochit

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