Could Buying Roku Stock Today Set You Up for Life?
Roku (NASDAQ: ROKU) recently reported financial results for the three-month period that ended Dec. 31, 2024. Revenue increased 22% year over year to $1.2 billion. The business posted a net loss per share of $0.24, a notable improvement from Q4 2023. These headline figures came in ahead of Wall Street expectations. After an immediate pop, as of this writing, Roku shares still trade 80% below their peak from July 2021. The company is trying to win back investors. But could buying this streaming stock today set you up for life?Roku is benefiting from some solid momentum. It reported healthy gains in all three of its key performance metrics. The company added 4.3 million net new accounts in Q4, bringing the total to 89.8 million, up from 80 million at the end of 2023.Continue reading
Roku (NASDAQ: ROKU) recently reported financial results for the three-month period that ended Dec. 31, 2024. Revenue increased 22% year over year to $1.2 billion. The business posted a net loss per share of $0.24, a notable improvement from Q4 2023. These headline figures came in ahead of Wall Street expectations.
After an immediate pop, as of this writing, Roku shares still trade 80% below their peak from July 2021. The company is trying to win back investors. But could buying this streaming stock today set you up for life?
Roku is benefiting from some solid momentum. It reported healthy gains in all three of its key performance metrics. The company added 4.3 million net new accounts in Q4, bringing the total to 89.8 million, up from 80 million at the end of 2023.
