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Broadband

Roku revenues jump 58% to record levels in strong Q4 boosted by shift to streaming

Friday 19 February 2021 | 10:12 CET | News
Roku reported stronger-than-expected results for the fourth quarter, with record revenue, gross profit and adjusted EBITDA as people and the TV industry continued their shift to streaming. The company had 51.2 million active accounts in early January, adding 14.3 million in the year and 5 million in the quarter. And despite the pandemic-related slowdown in the US, monetized video ad impressions more than doubled year-on-year, as advertisers followed viewers to streaming from traditional pay TV. Content publishers also reoriented to streaming in the quarter, Roku said, further expanding

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