<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="LOS ANGELES, June 09, 2020 (GLOBE NEWSWIRE) — In an interview with Capital Market Laboratories (CMLviz), Chief Financial Officer of Roku (ROKU) Steve Louden had a clear message:
” data-reactid=”12″>LOS ANGELES, June 09, 2020 (GLOBE NEWSWIRE) — In an interview with Capital Market Laboratories (CMLviz), Chief Financial Officer of Roku (ROKU) Steve Louden had a clear message:
- The company anticipates that its ad business will deliver substantial revenue growth on a year-over-year basis, albeit at a slower pace and lower gross profit than originally expected for the year due to COVID-19.
- The Roku team is convinced that they are in a period in time in which advertising budgets are going to see an accelerated shift to streaming from linear TV.
- The company saw a surge in active accounts and of streaming hours.
In a far-ranging interview with the CFO we discussed the future of the business and streaming video.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Read: Roku’s CFO: Stresses on the system accelerate a movement towards streaming” data-reactid=”18″>Read: Roku’s CFO: Stresses on the system accelerate a movement towards streaming
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Alicia Newman, Director Client Services
Capital Market Laboratories
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="[email protected]” data-reactid=”22″>[email protected]
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