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Roku Shares Plunge by Over 20% Despite Beating Q4 Estimates

Roku shares dropped by over 20% on Friday. The shares dropped after the company forecast larger-than-expected losses for Q1 2024. The company beat Wall Street estimates in its Q4 2023 results.

Roku (ROKU) Q4 2023 Earnings Call Transcript

Roku Q4 2023: Stock Drops on Challenging Media & Entertainment Outlook

Roku Q4 2023 earnings came in above expectations but warned of a "challenging" environment for media and entertainment spending for the rest of 2024.

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