{"id":407414,"date":"2022-02-18T23:20:01","date_gmt":"2022-02-18T20:20:01","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/roku-stock-plunges-25-as-tvs-become-hard-to-find\/"},"modified":"2022-02-18T23:20:01","modified_gmt":"2022-02-18T20:20:01","slug":"roku-stock-plunges-25-as-tvs-become-hard-to-find","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/roku-stock-plunges-25-as-tvs-become-hard-to-find\/","title":{"rendered":"#Roku stock plunges 25% as TVs become hard to find"},"content":{"rendered":"<p>&#8220;<strong>#Roku stock plunges 25% as TVs become hard to find<\/strong>&#8221;<\/p>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Roku\u00a0reported quarterly revenue that missed estimates, as the company was hit by supply chain issues that affected sales of television sets and its own streaming devices, sending shares down 25% in Friday afternoon trading.<\/p>\n<p>The company, which got a boost during the pandemic with people stuck at home, has lately seen demand for streaming services ease with curbs put in place to prevent the spread of COVID-19 being rolled back.<\/p>\n<p>Netflix last month forecast weak first-quarter subscriber growth.<\/p>\n<p>Roku\u00a0said on Thursday it expects current-quarter revenue of $720 million, compared with analysts\u2019 estimates of $748.5 million, according to IBES data from Refinitiv.<\/p>\n<p>Issues caused by constraints in the global supply chain such as chip shortages and rising freight costs have affected the production of televisions among other electronics, raising prices of end products such as\u00a0Roku\u2019s streaming device.<\/p>\n<p>The company said acquiring customers will remain a priority and it will not pass on higher costs to customers.\u00a0Roku\u2019s gross margins fell about 3% in the reported quarter.<\/p>\n<p>Delayed advertising spend in verticals affected by supply chain issues will continue into 2022, affecting how it monetizes content,\u00a0Roku\u00a0said.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"683\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/roku-stock-plunges-supply-chain-shortages2.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\" A salesman stands next to display of flat screen televisions inside a store\" class=\"wp-image-21262955\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/roku-stock-plunges-supply-chain-shortages2.jpg?quality=90&amp;strip=all&amp;w=1536 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/roku-stock-plunges-supply-chain-shortages2.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/roku-stock-plunges-supply-chain-shortages2.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Roku was hit by supply chain issues that affected sales of television sets and its own streaming devices.<\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<\/div>\n<p>Sales of televisions are likely to remain below pre-pandemic levels, affecting the rate at which it acquires active customers, according to the company.<\/p>\n<p>Roku\u00a0reported fourth-quarter revenue of $865.3 million, compared with estimates of $894.01 million.<\/p>\n<p>The company\u2019s shares were trading at $108.90 on the Nasdaq.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/02\/18\/roku-stock-plunges-25-as-tvs-become-hard-to-find\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Roku stock plunges 25% as TVs become hard to find&#8221; Roku\u00a0reported quarterly revenue that missed estimates, as the company was hit by supply chain issues that affected sales of television sets and its own streaming devices, sending shares down 25% in Friday afternoon trading. The company, which got a boost during the pandemic with people&#8230;<\/p>\n","protected":false},"author":1,"featured_media":407415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/roku-stock-plunges-supply-chain-shortages.jpg?quality=90&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[125883,70237,21252,93795],"class_list":["post-407414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-2-18-22","tag-corporate-earnings","tag-roku","tag-roku-streaming-stick"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/407414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=407414"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/407414\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/407415"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=407414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=407414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=407414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}