$Roku Stock Is Rising After-Hours Tuesday: Here's WhyRoku Inc ROKU shares are trading higher in Tuesday’s after-hours session after Netflix Inc $NFLX reported better-than-expected financial results for the fourth quarter. Netflix reported fourth-quarter revenue of $10.25 billion, beating analysts estimates of $10.11 billion. The streaming giant reported quarterly earnings of $4.27 per share, beating analyst estimates of $4.19 per share. Shares appear to be soaring in response to the company’s strong subscriber growth. Netflix said it added 18.91 million paid subscribers in the quarter, bringing its total subscriber count up to 301.63 million. Roku is well-positioned to benefit from strong advertising trends from Netflix and other streaming companies. Roku creates revenue opportunities with streaming companies through partnerships and advertising. The company operates an advertising distribution platform, allowing it to capitalize on the growth of streaming. Roku shares were up 3.71% in after-hours, trading at $82.70 at the time of publication Tuesday. #StockMarket
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