Excluding the restructuring and impairment charges which will impact total gross profit and net income, Roku now expects total net revenue in the range of $835M-$875M, and adjusted EBITDA in the range of ($40M)-($20M) for the third quarter of fiscal 2023. Q3 revenue consensus is $829.19M.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on ROKU:
- Roku Stock (NASDAQ:ROKU): This Streaming Standout Spurs Confidence
- Roku (NASDAQ:ROKU) Soars on Cost-Cutting Measures; Slashes Headcount by 10%
- Roku, TV Azteca announce streaming ad partnership in Mexico
- Roku price target raised to $100 from $81 at DA Davidson
- Roku participates in a conference call with DA Davidson