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Roku Rises After Quarterly Revenue, Accounts Beat Estimates

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Roku Inc. shares rose in extended trading after it reported third-quarter revenue that beat the highest analyst estimate.

The video-streaming platform company reported revenue of $451.7 million, well above the highest analyst estimate of $385 million, according to Bloomberg data. Roku also reported earnings per share of 9 cents. Wall Street had been looking for a loss of about 42 cents per share, according to data compiled by Bloomberg.