Roku Shares Dropped 7% Following Q3 Results; Guidance Disappoints 
<p><a href='https://financialmodelingprep.com/financial-summary/ROKU'>Roku, Inc. (NASDAQ:ROKU) </a>shares closed more than 7% lower on Thursday, despite the company’s reported Q3 beat, with EPS coming in at $0.48 per share, beating the consensus estimate of $0.06.</p>
<p>While quarterly platform revenue increased 51% year-over-year, 4% ahead of the consensus estimates, active accounts missed for the 3rd consecutive quarter on supply chain headwinds and the continued impact of FY20 pull-forward. The company expects Q4 revenue 6% below Street on TV shortages and concern of reduced ad demand. However, the analysts at Oppenheimer believe that revenue guidance is conservative, with checks suggesting an increased budget shift from Linear to CTV.</p>

NASDAQ:ROKU