ROKU - What's Going On With Roku Stock Today? | Benzinga
Roku Inc (NASDAQ:ROKU) shares are volatile Wednesday following Netflix Inc’s (NASDAQ:NFLX) quarterly results. Roku is well positioned to benefit from strong advertising trends from Netflix and other streaming companies.
What Happened With Netflix: Netflix’s fourth-quarter revenue increased 12.5% year-over-year to $8.83 billion, which beat the consensus estimate of $8.72 billion. Earnings of $2.11 per share fell short of estimates of $2.21 per share, according to Benzinga Pro.
Netflix said it had 13.12 million paid net adds in the fourth quarter, up from 7.7 million in ...