Roku skyrockets to a record high after shattering Wall Street forecasts

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Roku skyrockets to a record high after shattering Wall Street forecasts
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Roku added 1.4 million new accounts in the second quarter, bringing the streaming platform's total active accounts to more than 30 million.

Shares of Roku exploded as much as 22% to a record high of $123.16 on Thursday morning after the streaming platform reported second-quarter earnings that smashed Wall Street estimates. The streaming company topped 30 million active accounts for the first time after adding 1.4 million new accounts during the period. Following the strong quarter, Roku expects its 2019 revenue to grow by 46% year-over-year to $1.

Shares of Roku exploded as much as 22% to a record high of $123.16 on Thursday morning after the streaming platform reported second-quarter earnings that smashed Wall Street estimates. The streaming company topped 30 million active accounts for the first time after adding 1.4 million new accounts during the period. Following the strong quarter, Roku expects its 2019 revenue to grow by 46% year-over-year to $1.

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