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Feb 16, 2024
02/24
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julia roku, rough day, very heavy volume as well in that stop. >> that is, right bigger loss than expected. this is despite better than expected revenue and better than expected active accounts. the ceo is addressing lower than anticipated average revenue per user. and telling me that the pull back on spending marketing streaming apps will continue. >> then there is a business called media and entertainment which is where we focus on helping media companies promote their services on our platform. it is something we are really good at. it is a strong business for us, but it has been challenging pressure for the last four quarters. it will probably continue to be pressure for the rest of this year. >> to say the ad businesses rebounding in a new sport streaming joint venture, the one coming from warner brother's discovery would be a win. investors are concerned about these warnings about micro economic uncertainty. mike? >> it is very interesting to hear, we will talk about the factor that basically they are a key way that other streaming services promote themselves. i guess if you are talki
julia roku, rough day, very heavy volume as well in that stop. >> that is, right bigger loss than expected. this is despite better than expected revenue and better than expected active accounts. the ceo is addressing lower than anticipated average revenue per user. and telling me that the pull back on spending marketing streaming apps will continue. >> then there is a business called media and entertainment which is where we focus on helping media companies promote their services on...
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Feb 15, 2024
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trading day and two earnings reports we are watching, kate on what to expect from coinbase and julia watching rokuclosing high, only last friday, 5026. two days without a record is all we have to suffer i wonder about the rhythm of this market. in addition to the s&p 500 making its way back, nasdaq, the speculative stuff is starting to get jumpy. supermicro is an overbought stock coming into today and up double digits gain. the crypto stuff is moving what does that tell you mike max >> is tesla a value stock? up 5% today on nothing. calling back from what it lost from earnings. the market is about this broadening out narrative. we have been able to move away from where we were on tuesday where we had the overwhelming concern that that broadening out would not happen. you have seen the broadening out happening again. the critical index to watch is the russell, try to get back to the december high at 2071. if it goes above, nondiscretionary funds will tap into the small caps. >> today, if it is a broad rally , the cyclical stuff is doing better, but, supermicro is in the russell 2000, the largest ho
trading day and two earnings reports we are watching, kate on what to expect from coinbase and julia watching rokuclosing high, only last friday, 5026. two days without a record is all we have to suffer i wonder about the rhythm of this market. in addition to the s&p 500 making its way back, nasdaq, the speculative stuff is starting to get jumpy. supermicro is an overbought stock coming into today and up double digits gain. the crypto stuff is moving what does that tell you mike max...
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Feb 15, 2024
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. >>> roku shares sinking afterhours, despite giving strong sales guidance. julia julia? >> well, melissa, shares are falling on a larger than expected loss, as well as a warning about uncertainty in the year ahead. the company reporting revenue and giving first quarter revenue guidance that beat expectations. but the streaming platform, while it added a million more active accounts than expected, did report that average revenue declined from the year earlier quarter and fell short of estimates. roku saying that while they plan to increase revenue and achieve profitability over time, that, quote, we remain mindful of the near-term challenges in the macro environment and an uneven ad market recovery. while we will face difficult year over year growth rate comparisons and a challenging media and entertainment environment for the rest of the year, we expect to maintain our fourth quarter platform growth rates into the first quarter. now, as the question of how walmart buying vizio would impact roku, it hasn't come up yet on the call, but we'll be talking to roku's ceo
. >>> roku shares sinking afterhours, despite giving strong sales guidance. julia julia? >> well, melissa, shares are falling on a larger than expected loss, as well as a warning about uncertainty in the year ahead. the company reporting revenue and giving first quarter revenue guidance that beat expectations. but the streaming platform, while it added a million more active accounts than expected, did report that average revenue declined from the year earlier quarter and fell...
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Feb 16, 2024
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julia, good morning. >> good morning, to you, becky. right. joined by anthony wood ceo of roku. ks. hi, julia. >> anthony, your stock sin declg by double-digit percentages not just on the earnings report showing a bigger loss than anticipated but warnings about the year ahead. warned about the macro environment. what are your biggest concerns? what are you seeing? >> first of all i'll say we had a really good quarter, a great quarter a great year. i'm super dconfident in our business. more confident than ever. passed 80 million new active accounts. added 10 million active accounts pat passed streaming ours, revenue quarter at double digits. had a great quarter, and well positioned for the future. >> but the stock down about 17% right now pre-market. address the concerns of investors who are a part of this sell-off right now? we've seen a decline in average revenue per user. what's behind it that decline and what's it going to take to turn around and start accelerating your growth rate again? >> well, like i said, we had a good quarter. double-digit growth. the forecast, outlook,
julia, good morning. >> good morning, to you, becky. right. joined by anthony wood ceo of roku. ks. hi, julia. >> anthony, your stock sin declg by double-digit percentages not just on the earnings report showing a bigger loss than anticipated but warnings about the year ahead. warned about the macro environment. what are your biggest concerns? what are you seeing? >> first of all i'll say we had a really good quarter, a great quarter a great year. i'm super dconfident in our...