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Roku reported fourth-quarter 2017 earnings results that beat expectations though the company forecasted bleaker sales for the first quarter of 2018.
Shares of Roku jumped on Wednesday after it introduced a new ad measurement tool called Roku Ad Insights.
Shares of the streaming video device maker has more than tripled since it went public in September.
The streaming device company climbed 13% during trading Monday.
Roku’s stock has more than doubled since its first earnings report — making its founder a billionaire
The stock skyrocketed after the streaming hardware and platform company blew past Wall Street's earnings expectations.
The amount of content users stream on Roku's devices has been steadily growing, helping boost its revenues and send its stock price over the roof.
Roku crushed its first-ever earnings report as a public company, and the stock went flying after the report.
Roku's stock price is soaring after the company's IPO.