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Roku beats expectations in Q1, moves to unexpected net profit

Friday 7 May 2021 | 09:51 CET | News
Roku beat forecasts in the first quarter, traditionaly its softest, as people continued their shift to streaming, with revenues jumping 79 percent from the year before and the net result moving to an unexpected profit. The company added 2.4 million incremental accounts in the quarter, for a total of 53.6 million, driven by sales of players and Roku TV models in the US and abroad. Streaming increased by 1.49 billion hours over the last quarter, to 18.3 billion.

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Categories: Broadcast & Satellite
Companies: Roku
Countries: World
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