Bookmark and Share

Vox - All

The spiritual laws of success and the future of technology

Thursday, May 7, 2020

Roku posts revenue of $320.8M for Q1, up 55% YoY, and a net loss of $54.6M, warns that ad revenue growth will slow this year; stock down 9%+ after hours (Todd Spangler/Variety)

Todd Spangler / Variety:
Roku posts revenue of $320.8M for Q1, up 55% YoY, and a net loss of $54.6M, warns that ad revenue growth will slow this year; stock down 9%+ after hours  —  Roku's first-quarter revenue beat Wall Street estimates as COVID-19 quarantines have resulted in a massive streaming surge for the company.



from Techmeme https://ift.tt/2Lmyv1X
via IFTTT

https://techleaders20.blogspot.com/2020/05/roku-posts-revenue-of-3208m-for-q1-up.html

Sphere: Related Content

No comments:

Techmeme

Labels