Roku Delivers Another Stellar Quarter: Q3 Sales Soar 24% as Media and Entertainment Ad Spending Sees Biggest Growth in Four Years
Summary
Roku’s financial engines are cranking in overdrive ahead of the streaming platform company’s takeover by Fox Corp. next year. For the third quarter, Roku handily topped Wall Street earnings expectations, with top-line growth of 24% to $1.50 billion in revenue. Total gross profit was $649 million, up 24%, and Roku generated net income of $183
Description from Variety.
Who is covering this
-
Roku Delivers Another Stellar Quarter: Q3 Sales Soar 24% as Media and Entertainment Ad Spending Sees Biggest Growth in Four Years
Roku’s financial engines are cranking in overdrive ahead of the streaming platform company’s takeover by Fox Corp. next year. For the third quarter, Roku handily topped Wall Street earnings expectations, with top-line growth of 24% to $1.50 billion in revenue. Total gross...
Related stories
Wall Street drops to worst day since June after tech stocks sell-off deepens
12 sourcesvia ABC News (Australia)Truth score 841
Wall Street slides as Alphabet revenue miss revives AI capex jitters
3 sourcesvia ReutersTruth score 602
Stock Market Today: Deepening Tech Selloff Pushes Nasdaq Toward Its Worst Month in Over a Year
1 sourcevia Google NewsTruth score 41
The paths to Wall Street success: Where 25 rising stars went to school and started their careers
3 sourcesvia Business InsiderTruth score 581
The midterm races Wall Street and other financial firms are watching
1 sourcevia ReutersTruth score 47
The ‘death spiral’ that could destroy this Wall Street boom
1 sourcevia The Sydney Morning HeraldTruth score 42
Comments
Comments need JavaScript.