Earnings Miss Causes ROKU Stock Price To Plummet

Published: July 28, 2022, 10:10 p.m.

b'Roku Inc. (ROKU) earnings report indicated $0.82 in EPS and $764.41M in revenue, missing the estimates. The ROKU stock price today is down almost 25% after the announcement in the after-hours session. "ROKU shares are still expensive. The company has gone from profits to losses. Roku is nowhere near estimates from years prior," George Tsilis says.'