The Roku app on a television in Hastings-On-Hudson, New York, US, on Tuesday, July 25, 2023.— The streaming stock jumped 12.5% after announcing plans to lay off 10% of its staff. Roku also lifted its third-quarter revenue guidance, saying it now expects revenue to range between $835 million and $875 million, versus prior guidance of $815 million. Along with the workforce reductions, Roku said it plans to consolidate office space and review its content slate to trim expenses.
Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: NBCLA - 🏆 319. / 59 Read more »