Roku stock sinks after company reports 'a significant slowdown' in TV advertising spending.
Roku Inc.’s stock quickly plunged 28% in extended trading after the company offered paper-thin guidance and reported fiscal second-quarter results Thursday that fell short of Wall Street analysts’ forecasts.
In the letter to shareholders, Roku executives said they have undertaken steps in “significantly slow both operating expense and headcount growth.” Third-quarter revenue guidance, at $700 million, was significantly below FactSet estimates of $898 million.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
'Wordle' today, July 28: Answer, hints, help for Wordle #404 | Digital TrendsTrying to solve today's Wordle? If you're stuck, we've got a few hints that will help you keep your Wordle streak alive.
Lire la suite »
28 Incarcerated Women Allege That Guards Allowed Male Inmates to Rape Them for $1000The women are suing officers at an Indiana jail for having given male prisoners keys to their cells in exchange for a bribe, allowing the men to terrorize them.
Lire la suite »
What the New Moon in Leo on July 28 Means for You AstrologicallyIt's sure to be an intense month, folks 🌙 NewMoon NewMoonInLeo
Lire la suite »
Richardson Animal Shelter urgently seeks homes for 28 dogsThe Richardson Animal Shelter is urgently seeking permanent homes for 28 dogs.
Lire la suite »