Roku Inc reported a bigger net loss in the third quarter, as the video streaming...
FILE PHOTO A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company's IPO at the Nasdaq Market in New York, U.S., September 28, 2017. REUTERS/Brendan McDermid/File Photo
- Roku Inc reported a bigger net loss in the third quarter, as the video streaming device-maker spent more to attract subscribers to its video streaming platform, sending shares down 15% in extended trading. The company’s net loss widened to $25.2 million, or 22 cents per share, in the third quarter ended Sept. 30, from $9.5 million, or 9 cents per share, a year earlier.Our Standards:
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