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Stock impact report

Bull of the Day: Roku (ROKU) [Yahoo! Finance]

Roku, Inc. - Class A (ROKU) 
Last roku, inc. - class a earnings: 2/13 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.roku.com/investor-relations
Company Research Source: Yahoo! Finance
The stock sports the highly coveted Zacks Rank #1 (Strong Buy), with EPS expectations moving bullishly across the board. Zacks Investment Research Image Source: Zacks Investment Research Let's take a closer look at what's been driving the positivity. Roku Shares Outperform Roku posted a double-beat concerning our headline expectations in its latest quarterly release, with adjusted EPS tripling alongside a 14% sales increase. Importantly, the company posted positive operating income for the first time since 2021. Advertising efforts and subscription growth led to the strong quarter, with the company raising its fiscal year guidance following the print. The current year sales outlook has remained positive following the guide higher, as we can see below. Zacks Investment Research Image Source: Zacks Investment Research The positive release helped move shares higher post-earnings, up 30% on a YTD basis and outperforming relative to the S&P 500 by a fair margin. Big grow Show less Read more
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