Roku quarterly earnings beat the Street as more viewers spent longer hours streaming content

Roku quarterly earnings beat the Street as more viewers spent longer hours streaming content

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/08/09/roku-earnings-q2-2018.html

Roku on Wednesday topped Wall Street estimates for quarterly revenue as its strategy to focus on its ad-supported platform paid off, with more viewers spending longer hours streaming content.

Shares of Roku, which made a spectacular debut on the Nasdaq last year, rose as much as 9.2 percent in after-hours trading after the company said it added 22 million active accounts in the second quarter.