Unfortunately, that's exactly how things have played out for Roku (NASDAQ: ROKU). Roku's revenue of $764.4 million climbed 18% year over year, fueled by platform revenue, which grew 26%. Player revenue of $91.2 million declined 19%, the result of lower connected-TV and Roku player sales, which were caught up in the industrywide downdraft. Read More...
Unfortunately, that’s exactly how things have played out for Roku (NASDAQ: ROKU). Roku’s revenue of $764.4 million climbed 18% year over year, fueled by platform revenue, which grew 26%. Player revenue of $91.2 million declined 19%, the result of lower connected-TV and Roku player sales, which were caught up in the industrywide downdraft.
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