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Roku Q3 Earnings Beat Estimates · Pursuing Acquisition of Fox Corporation

Investing.com +1 · ·by G4L

FOX
FOX Fox Corp
$60.51 +1.70%
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FOXA FOXA +1.58%
  1. 1Roku recorded adjusted earnings per share of $1.20 for the third quarter.
  2. 2Roku achieved $1.5 billion in revenue for the third quarter.
  3. 3Fox Corporation plans to acquire Roku for $25 billion.

So what's the key point?

Roku performed better than expected in the third quarter with $1.5 billion in revenue. A major change may occur as Fox Corporation is looking to acquire Roku.

Source Investing.com +1 · View original ↗

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