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Roku: Q1 Earnings Snapshot

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Roku Inc. (ROKU) on Thursday reported first-quarter net income of $85.7 million.

The San Jose, California-based company said it had net income of 57 cents per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.

The video streaming company posted revenue of $1.25 billion in the period, which also beat Street forecasts. Eight analysts surveyed by Zacks expected $1.2 billion.

For the current quarter ending in June, Roku said it expects revenue in the range of $1.3 billion.

The company expects full-year revenue of $5.54 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ROKU at https://www.zacks.com/ap/ROKU

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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