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Roku (NASDAQ:ROKU) stock slumped despite second-quarter financial results that surpassed Wall Street expectations and stock buybacks, amid reduced margins.
Shares were -5.73% Friday pre-market to $88.76.
The TV streaming platform posted Q2 GAAP EPS of $0.07, which beats by $0.23, and revenue of $1.11B (+14.6% Y/Y), which beats