Roku Stock Jumps On Better-Than-Expected Second QuarterStreaming video platform Roku late Wednesday beat Wall Street's estimates for the second quarter, giving its stock a boost in extended trading. The post Roku Stock Jumps On Better-Than-Expected Second Quarter appeared first on Investor's Business Daily.

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Streaming video platform Roku (ROKU) late Wednesday beat Wall Street's estimates for the second quarter, giving its stock a boost in extended trading.

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The Los Gatos, Calif.-based company broke even on sales of $156.8 million in the June quarter. Analysts expected it to lose 15 cents a share on sales of $141.5 million.

Roku shares jumped 3.7% in after-hours trading on the stock market today. During the regular session, the stock dipped 0.4% to 47.25. Roku went public on Sept. 28 at $14 a share.

Details to follow.

The post Roku Stock Jumps On Better-Than-Expected Second Quarter appeared first on Investor's Business Daily.

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