Wall Street Cheers Roku Outlook For Full-Year Profit

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Shares in Roku surged almost 10% in after-hours trading after the company affirmed its outlook for “positive full-year EBITDA,” meaning a return to profitability. The streaming giant po…

Shares in Roku surged almost 10% in after-hours trading after the company affirmed its outlook for “positive full-year EBITDA,” meaning a return to profitability.

The streaming giant posted third-quarter results below Wall Street analysts’ expectations, with revenue of $786.8 million and an adjusted loss of $2.33 per share. While the quarterly results were less-than-stellar, the

 

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