Roku stock tanks 18% after sharing financials, outlook

Despite surpassing analyst expectations for the quarter, Roku disappointed Wall Street when it shared its fourth-quarter earnings after the bell on Wednesday. The digital streaming business fell about 18% in after-hours trading, in the minutes following the news release. Roku posted$188.3 million revenue, when Yahoo! Finance estimates showed $182.5 million. Earnings per share was 6 cents,… Read More...