On Monday, Roku (ROKU) released an update on Q1 figures and investors liked what they saw.The stay-at-home measures have provided Roku with new account growth beyond its initial guidance for the quarter, with the company estimating a net increase of 3 million active accounts from December 31 to March 31, reaching 39.8 million.Roku expects revenue for the quarter to come in between $307 million and $317 million, up by 51% year-over-year, beating its previous call for revenue between $300 million and $310 million, and well ahead of the Street’s call for revenue of $299.8 million.The stock skyrocketed 32% since the …read more
Source:: Yahoo Finance
