Roku and Newmont reported record free cash flows in their latest financial results, highlighting strong cash-generating abilities amid favorable market conditions. Roku achieved free cash flow of $538.8 million and a 27% year-over-year increase in gross profit to $565 million, with a 28% surge in platform revenue. Newmont generated $3.1 billion in free cash flow, benefiting from an average gold price of $4,900 per ounce during the reporting period.
Roku’s EPS surpassed estimates by over 65%, and its total streaming hours grew by 8%, now serving over 100 million households monthly. Newmont’s favorable cash flow position allowed for an increase in its share repurchase program, with bullish expectations for EPS in the current and next fiscal years for both companies.
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