Roku - eriinfo

Fox is buying streaming hardware firm Roku for -billion

Fox is buying streaming hardware firm Roku for $22-billion

eriinfo.com2 days ago03 mins

Fox Corp is buying Roku in a cash-and-stock deal valued at about US$22-billion in a bet that pairing its sports and news programming with a top TV streaming platform will strengthen its position as audiences shift online. The deal, announced on Monday, gives the cable TV-reliant Fox direct access to Roku’s large installed base of…

Roku stock surges on earnings beat, record premium subscriptions

eriinfo.com4 months ago04 mins

Shares of Roku jumped 8% on Friday after the video streaming company posted fourth-quarter results that trounced analysts’ expectations and offered strong guidance. Here’s how the company did based on analysts’ estimates compiled by LSEG: Earnings per share: 53 cents vs. 28 cents Revenue: $1.39 billion vs. $1.35 billion “The biggest driver of our subscriptions…