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Tour de earnings: Moderna, Roku, and Sony

Sony impressed, Moderna whiffed, and Roku crushed it.

Sony, Moderna, and Roku logos

Plexi Images/Cesc Maymo/Justin Sullivan/Getty Images

โ€ข less than 3 min read

๐Ÿ“บ Roku jumped 14.14% today to a new 52-week high after the streaming service revealed that it added four million new streaming households last quarter, and is on its way to hitting 100 million total streamers within the next 12 months. โ€œWeโ€™re the No.1 streaming operating system in the country and in most of the Americas by a wide margin,โ€ CEO Anthony Wood told CNBC.

  • EPS: A $0.24 loss, beating expectations of a $0.40 loss
  • Revenue: $1.2 billion, higher than the $1.14 billion expected

๐Ÿ’‰ Moderna shares popped 3.35% today after the pharma giant reported a mixed-bag quarter. The company has been suffering from an ongoing slowdown as demand has waned for its Covid-19 vaccine: It posted a net loss of $1.12 billion, a steep decline from the $217 million it earned a year earlier.

  • EPS: $2.91 loss, compared to a projected loss of $2.68
  • Revenue: $966 million, higher than the $942.8 million analysts expected

๐ŸŽฎ Sony rose 4.14% today after it upped its forward-looking guidance, telling investors it now expects full-year sales to hit 13.2 trillion yen, a 4% increase from its prior guidance. The electronics giant also said its customers love to game: Sony sold 9.4 million units of its PlayStation 5 console last quarter, up from 8.2 million in the same period last year, driving a 37% jump in quarterly profit in its gaming unit.โ€”LB

  • EPS: $0.41 (61.82 yen), beating estimates of $0.30
  • Revenue: $28.6 billion (4.41 trillion yen), higher than expectations of $24.8 billion
Making sense of market moves

Stay up to date on the latest market news with daily analysis of the investing landscape, served up Brew-style.

Making sense of market moves

Stay up to date on the latest market news with daily analysis of the investing landscape, served up Brew-style.