Shares of 10 Firms Soar on Friday

8. Roku Inc. (NASDAQ:ROKU)

Roku grew its share prices for a third consecutive day, ending 14.14 percent higher at $99.07 apiece as investors cheered the company’s improved earnings performance last year.

In its earnings release, ROKU said it was able to narrow its net loss by 54.66 percent in the fourth quarter of 2024 to $35.5 million from $78.3 million in the same period a year ago, while net loss for full-year 2024 shrunk by 81.8 percent to $129 million from $709 million in 2023.

Net revenues for the said quarter were higher by 22 percent to $1.2 billion from $984 million year-on-year, while for 2024, net revenues increased by 17 percent to $4.1 billion from $3.48 billion.

For the first quarter and full year 2025, ROKU expects revenues to settle at $1.005 billion and $4.6 billion, respectively.