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Roku jumps on streaming success

Video Credit: Rumble - Duration: 00:35s - Published < > Embed
Roku jumps on streaming success

Roku jumps on streaming success

Roku reported better-than-expected first-quarter results and raised its guidance.

The results received praise on Wall Street.

Shares were up more than 9%.

Roku shares were surging Thursday morning, up more than 9% to almost $71 apiece, after the company reported better-than-expected first-quarter results and raised its guidance.

The video-streaming service lost $0.09 a share as net revenue surged 51% versus a year ago to $206.7 million.

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