On Wednesday, Roku reported their first quarter earnings. Although net loss of $9.7 million, or 9 cents a share, revenue rose to $207 million from $137 million a year earlier ago. Also, active-account base grew by 2 million users sequentially, reaching 29.1 million in the first quarter. And for the full year, Roku forecast $1.03 billion to $1.05 billion in revenue, slightly ahead of expectations.
This opportunity in the large streaming trend makes ROKU a great position to increase its number of users, the analysts said. As a result of its leadership in the sector, ROKU shares could soar three to
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