(Bloomberg) — Roku Inc. shares were little changed postmarket Wednesday after the video-streaming platform company reported second-quarter revenue that topped the highest analyst estimate but warned that its short-term outlook remains murky.The company had revenue of $356.1 million, which beat the highest analyst estimate at $349.0 million, according to Bloomberg data. However, Roku declined to give a formal forecast. In a letter to shareholders, it wrote that “the short-term outlook is both variable and uncertain.”“We’re still growing significantly, but it is slower growth than we would’ve otherwise expected, given the macro environment,” Chief Financial Officer Steve Louden said in a …read more
Source:: Yahoo Finance
