Investors channel-surfing through earnings season found an interesting report when Roku (NASDAQ: ROKU) released its first-quarter results on Wednesday afternoon. The company behind the leading streaming-video hub initially moved higher after announcing its financial update, building on gains for a previously out-of-favor growth stock that was already up nearly 40% in 2023.
It wasn’t a perfect report; there aren’t many companies hitting on all cylinders these days. But it was still an encouraging performance overall. Let’s go over a few of the things in the first quarter that you might find surprising. Spoiler alert: Not every surprise has to be positive.
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