Roku Q3 Loss Widens But Revenue Growth Beats Market Expectation

Roku (ROKU) on Wednesday reported a Q3 loss of $2.33 per diluted share, widening from $0.88 a year earlier.

Analysts polled by Capital IQ expected a loss of $2.10.

Revenue for the quarter ended Sept. 30 was $912 million, up from $761.4 million a year earlier.

Analysts expected revenue of $855.7 million.

The company said it expects Q4 revenue of $955 million.

Analysts have forecast sales of $951.3 million.

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