Roku ROKU 1.44%increase; green up pointing triangle boosted its full-year guidance for the top and bottom lines after swinging to a profit in the third quarter on a big jump in platform revenue.
The video-streaming company said it now expects $4.69 billion in revenue for 2025, up from the estimate of $4.65 billion it gave over the summer. It is also targeting $50 million in earnings instead of $20 million, as previously projected. Before that, Roku had been guiding for a full-year loss of $30 million.
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