What's Going On With Roku Stock Thursday?

Roku Inc (NASDAQ:ROKU) shares are trading lower on Thursday following the company’s third-quarter financial results.

The Details: Roku reported a loss of 6 cents per share for the third quarter, beating analyst estimates for a loss of 32 cents per share. The company reported sales of $1.06 billion, representing 16% year-over-year growth, beating analyst estimates of $1.01 billion, according to Benzinga Pro.

Roku reported platform revenue of $908.2 million, up 15% year-over-year, and devices revenue of $154 million, up 23% year-over-year. The company reported average revenue ...