Roku Inc. (ROKU) Falls 15% on Profit-Taking, Macro Uncertainty

We recently published 10 Stocks Investors Are Dumping Fast. Roku Inc. (NASDAQ:ROKU) is one of the worst-performing stocks on Friday.

Shares of Roku Inc. fell by 15.06 percent on Friday to finish at $79.98 apiece amid a combination of profit-taking and broader market pessimism from President Donald Trump’s new wave of tariffs on all US imports.

On the same day, Roku Inc. (NASDAQ:ROKU) released the results of its earnings performance for the second quarter of the year, where it swung to a $10.5 million net income from a $33.9 million net loss in the same period last year. Total net revenues increased by 14.8 percent to $1.1 billion from $968 million in the same period last year, driven by the strong performance in video advertising and the successful acquisition of Frndly.

In the first half, Roku Inc. (NASDAQ:ROKU) remained at a net loss of $16.9 million, albeit lower by 80 percent versus the $84.8 million in the same period last year. Total revenues grew by 15 percent to $2.13 billion from $1.85 billion year-on-year.

Looking ahead, Roku Inc. (NASDAQ:ROKU) said it expects to book $10 million in net income and $1.205 billion in revenues in the third quarter of the year, and $20 million in net income and $4.65 billion in revenues full year 2025.