Reported 27 days ago
Roku Inc. (NASDAQ: ROKU) experienced a significant drop of 15.06% on Friday, closing at $79.98 per share, influenced by profit-taking and market uncertainty following President Trump's new tariffs on imports. Despite posting a net income of $10.5 million for Q2, a turnaround from a loss last year, the company faces challenges with an overall net loss of $16.9 million in H1. Looking forward, Roku anticipates $10 million in net income and $1.205 billion in revenue for Q3, alongside a projected $20 million in net income for the full year 2025.
Source: YAHOO