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Roku reports a mixed bag of results for Q2
Roku Inc. (NASDAQ: ROKU) reported a wider loss in the second quarter of 2020, while revenue grew 42% to $356 million. Loss of $0.35 per share was bigger than the Street’s expectations. However, revenue surpassed the analysts’ views.
Roku shares were down about 1% immediately after the earnings announcement.
Because of COVID-19 pandemic impact, Roku didn’t issue any outlook this time. The company stated that ad industry outlook remains uncertain for Q3 and Q4. The company expects total TV ad spend will not recover to pre-COVID-19 levels until well into 2021. Advertisers in industries like Casual Dining, Travel and Tourism have significantly slowed their spending.
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SBUX Earnings: Key quarterly highlights from Starbucks’ Q4 2024 financial results
Starbucks Corporation (NASDAQ: SBUX) reported its fourth quarter 2024 earnings results today. Consolidated net revenues declined 3%, including on a constant currency basis, to $9.1 billion compared to the same
Key highlights from Biogen’s (BIIB) Q3 2024 earnings results
Biogen Inc. (NASDAQ: BIIB) reported its third quarter 2024 earnings results today. Total revenue decreased 3% year-over-year to $2.46 billion. Revenues were down 3% on a constant currency basis as
Infographic: Caterpillar (CAT) reports lower Q3 revenue and adj. profit
Caterpillar Inc. (NYSE: CAT), a leading manufacturer of construction and mining equipment, on Wednesday reported a decrease in revenue and adjusted earnings for the third quarter of 2024. Sales and
