Roku's CEO says his business is doing 'great' — even if investors aren't convinced

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Anthony Wood talked about the state of the streaming media device maker's business after it posted its third-quarter results.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Roku CEO: Active accounts were up 43 percent this quarterAnthony Wood, Roku founder and CEO, joins 'Squawk Alley' to discuss the company after the stock plummeted despite a strong earnings report. Wood focuses on earnings, consumers and the future of streaming. Trying to bring it up...... our TVs are in trouble sfef84
Source: CNBC - 🏆 12. / 72 Read more »

SoFi CEO Anthony Noto: Our loans 'have really strong risk controls'Jim Cramer and SoFi CEO Anthony Noto break down how the millennial-facing financial company is preparing for an environment with higher interest rates.
Source: CNBC - 🏆 12. / 72 Read more »

Watch: Ivanka Trump, Walmart CEO McMillon and IBM CEO Rometty speak at Business Roundtable summitLockHerUp CrookedIvanka Why is she there?
Source: CNBC - 🏆 12. / 72 Read more »

Nissan CEO plans one-on-one meeting with Renault boss in Amsterdam: sourcesNissan Motor's CEO plans to meet one-on-one with the deputy CEO of... Renault cannot trust Nissan now. An obvious coup to make sure Nissan remains a Japanese controlled entity. 'Renault directors were briefed last week on the Nissan investigation that led to Ghosn’s arrest but reiterated their earlier decision to keep him in office as chairman and CEO'.
Source: Reuters - 🏆 2. / 97 Read more »

Facebook confirmed Mark Zuckerberg's beef with Apple CEO Tim Cook in an official company statementThere's no love lost between Facebook CEO Mark Zuckerberg and Apple CEO Tim Cook. Zuckerberg telling his employees to use Android instead of iPhones because his feelings were hurt is one of the most petty things I have ever heard in my life.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Roku has its worst day since IPO, stock falls 22%While Roku beat on the top and bottom lines, the company missed analyst expectations on platform revenue, which encompasses increasingly important advertising revenue. Wish I could make a short position on that play right now. The business model they have just doesn’t seem solid. RokuPlayer should partner with cable companies to invest in smarter boxes. Offer original content for a young crowd. Build a service around an age group 1-12 maybe based fire stick killing off inferior roku products.
Source: CNBC - 🏆 12. / 72 Read more »

Roku stock plunges after earnings beat, weak profit forecastI love my RokuPlayer buythedip 4Q net income guidance of -$4M to +$3M missed our consensus $7M $ROKU
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks making the biggest moves after hours: Roku, Square, Wynn Resorts and moreSee which stocks are posting big moves after the bell on Wednesday. Dems are good for the market Wynn resorts up...your presence may have had something to do with that Wynning So I figure let’s give CNBC a shot after not watching for 5 yrs. They’re talking Square/Twitter. Ahole on panel says in the first minute-less than 60 seconds-“the President lies on Twitter five times a day” -ok see you in five years then again maybe - is there news anywhere?
Source: CNBC - 🏆 12. / 72 Read more »

Roku plunges 12% despite beating on the top and bottom linesIt's a garbage device...
Source: CNBC - 🏆 12. / 72 Read more »

Roku forecasts net loss for holiday quarter, shares fall 10 percentRoku Inc missed third-quarter estimates for its high margin video streaming plat...
Source: Reuters - 🏆 2. / 97 Read more »

Roku forecasts surprise loss for holiday quarter, shares fallRoku Inc forecast a surprise holiday-quarter loss and missed third-quarter reven... RokuSupport hasn't listened to it's customer base. No HD audio codec support. App devs just leaving, can't even buy a new remote for my mom, in Canada. I had 6 devices, that are slowly being phased out for Chromecast/Smart TV or Nvidia Shields.
Source: Reuters - 🏆 2. / 97 Read more »