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Industry Focus

Tech: Roku and Snap, Good and Bad

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 10 August 2018

⏱️ 21 minutes

🧾️ Download transcript

Summary

Streaming company Roku's pivot to a platform company is in full swing and the company's results are looking good. But we can't say the same for Snap after the company reported lackluster user figures.

Transcript

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0:00.0

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Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day.

0:36.4

It's Friday, August 10th, and we're talking Roku and Snap Earnings.

0:40.2

I'm your host Dylan Lewis and I'm joined on Skype by senior tech specialist

0:43.8

Evan New. Evan what's going on? This earning season will not end. No it's the gift

0:50.5

that keeps on giving we're getting towards the tail end of it,

0:53.3

although I will say, Snap and Roku,

0:55.9

two earnings takes that I always hotly anticipate.

0:59.2

These are pretty interesting companies to me.

1:01.6

Yeah, and one's bad and one's good. It'll be a nice

1:04.8

nice contrast. Why don't we start with the bad? We're gonna talk snap here of

1:10.1

course. So snap did surprise Wall Street when it reported earnings. They beat revenue

1:15.7

estimates by 5%. Company top line came in just a bit over $260 million, which is good

1:21.7

for 44% year over year growth and really the story here is ads. I mean that's how

...

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