Roku plunges 12% despite beating on the top and bottom lines

Roku plunges 12% despite beating on the top and bottom lines

5 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2018/11/07/roku-earnings-q3-2018.html

Shares of Roku plunged as much as 12 percent in extended trading Wednesday despite beating on both the top and bottom lines in its third-quarter earnings.

Shares eased off shortly after the report to trade roughly 10 percent lower than Wednesday's close of $58.86