From Yahoo Finance: 2025-05-03 06:38:00

Roku, Inc. (ROKU) experienced an 8.5% drop in share prices on Friday, closing at $61.55 per share. Despite a decrease in net loss by 46% and an increase in net revenues by 15.77% in the first quarter, the company expects net loss to decrease further in the second quarter and full-year 2025. ROKU ranks 8th on the list of worst performers for Friday.

The broader market saw significant gains on Friday, with the Nasdaq up 1.51%, the S&P 500 up 1.47%, and the Dow Jones up 1.39%. Despite this, 10 companies experienced declines due to poor earnings performance in the first quarter. ROKU was among the worst performers, dropping 8.5% on Friday. The company remains optimistic about its strategy and expects positive operating income in 2026.

Investors shunned Roku, Inc. (ROKU) on Friday despite the company’s strong first-quarter performance. Net loss narrowed by 46% to $27.4 million, and net revenues increased by 15.77% to $1.02 billion year-on-year. Looking ahead, ROKU expects further reductions in net loss and increased revenues for the second quarter and full-year 2025. Despite the potential of ROKU as an investment, AI stocks may offer higher returns in a shorter time frame.



Read more at Yahoo Finance: Why Roku, Inc. (ROKU) Went Down On Friday