Roku blew past estimates, albeit with a net loss of $155 million last quarter, but on revenue that jumped 11% to $847 million. Advertising-driven Platform sales beat forecasts, up 11% at $744 million despite a difficult market
blew past estimates, albeit with an operating loss of $126 million last quarter, but on revenue that jumped 11% to $847 million. Advertising-driven Platform sales beat forecasts, up 11% at $744 million despite a difficult market.
A few ad categories are picking up, but spending in the media and entertainment category, already challenged industry-wide, is expected to be further pressured by limited fall release schedules, the company said in its letter to shareholders, in a nod to the ongoing writers and actors strikes. Device revenue rose to $103 million from $95 million. The company is now selling its own line of branded smart TVs at Best Buy.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Roku Q2 Revenue Up 11% as Streaming Platform Keeps Lid on Rising ExpensesRoku’s second-quarter 2023 earnings soundly beat Wall Street expectations, while it still sounded a note of caution about “uncertainty” in the U.S. ad market. The company reported…
Lire la suite »
Roku Revenues Rise Despite “Muted” Advertising EnvironmentThe streaming platform now has 73.5 million active accounts.
Lire la suite »
Houston crash: 11 people injured in crash involving METRO bus, other vehicles11 people were taken to the hospital with non-life-threatening injuries following a multiple vehicle crash involving a Houston METRO bus.
Lire la suite »
Minors: Robby Snelling rolling with TinCaps; Jay Groome strikes out 11 ; Ethan Salas homersPadres pitching prospect Robby Snelling strikes out nine over six shutout innings in fourth start with high Single-A Fort Wayne
Lire la suite »
Bitcoin Whale Moves $37M BTC After 11 Years of DormancyThe movement is the latest in a trend of early buyers and holders moving their tokens to new wallets after several years of inactivity.
Lire la suite »
These 11 Pairs Of Packable Shoes Won't Weigh Your Luggage DownYou can totally stuff your bag with these flexible and lightweight sandals, sneakers and flats for men and women.
Lire la suite »