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Broadband

Roku reports strong Q4, boosted by seasonal effects and new products, capabilities

Friday 14 February 2020 | 10:56 CET | News
Roku reported higher results for the fourth quarter and full year, with the company saying it was helped by the launch of new products, it being a neutral partner on the streaming market, the addition of new capabilities to aggregate content and bring in viewers, and improvements to its advertising platform. Looking ahead, the company said it will invest its incremental gross profit in 2020 to ensure its strategic advantages for the decade ahead. The guidance for the first quarter remains cautious however, compared to the seasonally stronger Q4, with lower revenues sequentially and an

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Categories: Broadcast & Satellite / Internet / Broadcast & Satellite
Companies: Roku
Countries: World
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