About the Company
Roku, Inc. ( ROH-koo) is a U.S. public company founded by Anthony Wood in 2002. It runs a streaming TV service through its branded streaming devices and smart TVs, supporting both advertising and subscription models on its platform. Roku leads U.S. streaming TV distribution, and reports over 80 million users globally as of 2023. Beyond the U.S., the company serves markets in Canada, Australia, the U.K., France, Germany, and several Latin American countries including Argentina, Brazil, Chile, Colombia, Mexico and Peru. In its early years, Roku focused on making high-definition video players and launched the first connected TV device to stream Netflix in 2008. Later, in 2014, the company expanded its streaming platform's reach by partnering with TV manufacturers to license Roku’s technology, which allowed Roku's operating system to be pre-installed on smart TVs. Thereafter, Roku added channel subscriptions to its platform, and employed advertising methods such as targeted ads and performance-based ads. It also launched its own ad-supported streaming channel, and introduced its smart speakers and smart home products.
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Latest $ROKU News
Roku warns of tougher bar for growth ahead. An analyst says that is its ‘fundamental risk.’
TV-streaming service Roku Inc. on Thursday forecast second-quarter sales that were above expectations, but warned of a higher ...
What's Going On With Roku Shares Friday?
Roku, Inc. (NASDAQ:ROKU) shares are trading lower on Friday, reversing after gaining late Thursday on first-quarter earnings.
Q1 2024 Roku Inc Earnings Call
Good day, everyone, and thank you for standing by. Welcome to Roku's First Quarter 2024 Earnings Call. (Operator Instructions) And please be advised that today's conference is being recorded. I would ...
Duane Morris Leads Roku to Defense Verdict on $318M Claim
A Duane Morris legal team secured a defense win for Roku Inc. in a patent infringement trial in a Waco federal court. The ...
Roku Inc (ROKU) Q1 Earnings: Surpasses Revenue Forecasts Amidst Steady Growth
Total Net Revenue: $882 million, up 19% year-over-year, surpassing estimates of $848.62 million. Net Income: Details not ...
Roku Investor Sentiment Decidedly Negative Into Earnings, Says Analyst
J.P. Morgan analyst Cory A Carpenter reiterated an Overweight rating on the shares of Roku. Roku is slated to report ...
Roku's Analysts Are Changing Their Forecasts On The Stock - Here's Why
Analyst reiterates Buy rating and $115 PT for Roku Inc (NASDAQ: ROKU), notes tough months but maintains above-consensus view ...
Roku Bests Wall Street’s Q1 Earnings Forecast, Adds 1.6 Million Active Accounts to Reach 81.6 Million
Roku reported its first-quarter 2024 earnings Thursday, revealing the company reached 81.6 million active accounts ...
Roku Narrows Quarterly Net Loss to $51M As Monthly Users Top 81M
Both platform revenue and devices revenue saw a year-over-year increase of 19 percent in the first quarter results reported ...
Roku Streaming Homes Hit 81.6M
Streaming households grew 14% YoY, streaming hours jumped by 23% YoY, and platform revenue increased by a healthy 19% YoY ...
Is Roku stock worth owning ahead of earnings?
Wedbush and Benchmark analysts are bullish on $ROKU. Roku stock is currently down about 40% versus its YTD high.
Roku Releases First Quarter 2024 Financial Results
Today, Roku, Inc. (NASDAQ: ROKU) released first quarter 2024 results. Visit the Roku investor relations website to view the ...
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