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Roku Shares Plunge. Is This a Red Flag or Time to Buy the Dip?
RokuRoku(US:ROKU) The Motley Fool·2025-08-06 08:15

Shares are now trading around August 2022 levels. Platform revenue climbed 15% to 975.5million,whiledevicerevenuesank6975.5 million, while device revenue sank 6% to 135.6 million. The growth was led by video advertising. Platform gross margins fell 240 basis points in the quarter, while platform gross profits climbed 13% to 497.7million.Devicerevenuefellby6497.7 million. Device revenue fell by 6% to 135.6 million. Device gross profits were 0.AdjustedEBITDAsurged790. Adjusted EBITDA surged 79% year over year to 78.2 million, well above its $70 million guidance. Notably, Roku's adjusted EBITDA ...