Roku Posts Strong Q2 In Wake Of Fox Deal As Platform Revenue Jump Pushes It Past Wall Street Forecasts

Roku surged past Wall Street expectations in the second quarter, with revenue and earnings ahead of analysts’ expectations. Earnings per share hit $1.08 on a diluted basis, up from 7 cents a share in the year-earlier period. Total revenue climbed 22% to $1.35 billion, paced by a 25% rise in platform revenue driven equally by…