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Q2 Financial Figures: Roku and Coursera Make Waves

  • July 27th, 2023
  • 586 views

Roku, Inc. (Nasdaq: ROKU) delivered better-than-expected results in the second quarter of 2023, reporting a loss of $0.76 per share and revenue of $847.20 million, surpassing the consensus estimate of a loss of $1.27 per share on revenue of $773.43 million.

Looking ahead to the third quarter, Roku expects total net revenue of approximately $815 million, outperforming the analysts' estimate of $809.97 million.

$ROKU surged by $5.89 (+8.64%) in after-hours trading, reaching $74.08.

On a different note, Coursera, Inc. (NYSE: COUR) also reported Q2 2023 results, with revenue reaching $153.70 million, exceeding the consensus estimate of $145.86 million.

For the third quarter, Coursera anticipates revenue in the range of $156 million to $160 million, compared to the analysts' forecast of $153.91 million.

In after-hours trading, $COUR climbed by $1.68 (+12.91%) to $14.69.

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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