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Roku grows to 16.7 mln active accounts in Q3, expects even stronger Q4

Thursday 9 November 2017 | 09:29 CET | News
Roku reported strong earnings and gross profit growth in the third quarter, its first period reporting as a public company, and said it it expects these figures to improve even more in the fourth quarter. Revenues for the quarter leaped 40 percent from the year before to USD 124.8 million, with the gross profit surging 92 percent to USD 49.9 million. Results were boosted by the higher margin platform segment, which made up 46 percent of total revenues, up from 27 percent year-on-year, the company's advertising business, which more than doubled in size and strong momentum at the Roku TV

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Categories: Broadcast & Satellite / Internet / Broadcast & Satellite
Countries: United States / World
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