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MarketFoolery

Roku’s Surprise and Jack In The Box’s Pop

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 8 August 2019

⏱️ 16 minutes

🧾️ Download transcript

Summary

Shares of Roku surge on a better-than-expected quarterly loss for the video streaming platform. MercadoLibre rises on strong growth in its marketplace and payments businesses. And Jack In The Box pops on strong earnings. Motley Fool analyst Jim Mueller discusses those stories. Thanks Netsuite. Get the FREE guide, “7 Key Strategies to Grow your Profits” at www.NetSuite.com/Fool.

Transcript

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0:00.0

This episode of Market Foolery is supported by NetSuite, the business

0:03.2

management software that handles every aspect of your business in an easy-to-use

0:07.4

cloud platform. Download their free guide, seven key strategies to grow your

0:11.9

profits today at Net suite.com slash fool

0:17.0

It's Thursday August 8th. Welcome to Market Fulroy. I'm Matt Greer and I am joined in studio by Motley full analyst Jim

0:24.9

Mueller Jim it is just you and me how you feeling feeling good Mac how are you I'm good I'm

0:29.5

good and so are shareholders of Mercato Libre and Jack in the Box.

0:35.0

And we're going to talk about both of those companies.

0:36.8

Imagine that.

0:37.8

Imagine that.

0:38.8

What a world?

0:39.8

What a world? But let's begin with the video streaming platform Roku shares up more than 20% today on, I think what we can

0:48.8

call Jim a better than expected quarterly loss because this company is still losing money.

0:55.2

But revenues up 59% year over year growing faster than expected.

0:59.5

Roku now has 30.5 million active users for the quarter. That's up 39% from the same period last year.

1:08.0

Jim Mueller, what do you make of Roku?

1:11.0

They're doing pretty well actually.

1:13.0

So yeah, $250 million in revenues you mentioned.

1:16.0

That's ahead of their analyst's $240 million estimate.

1:20.0

They lost 8 cents per share.

1:23.0

Analysts were estimating around 18 cents per share loss and so that was pretty good.

1:28.0

And there are poo.

...

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