Fresh off a carriage renegotiation with Fox Corp., Roku Inc. is about to face another test. The streaming company is set to post December-quarter results on Thursday afternoon, with a report that will not only show how well Roku (ROKU) devices and connected TVs sold during the holidays but also provide some early indications of how Roku benefited from recent streaming launches by Walt Disney Co. (DIS) and Apple Inc. (AAPL) , both of which debuted services in November. Roku shares surged more than 300% in 2019, in part due to enthusiasm around new streaming offerings from some of the larger players in tech and media. Read More...
Roku earnings preview: Getting a first read on Disney and Apple’s impacts
Fresh off a carriage renegotiation with Fox Corp., Roku Inc. is about to face another test. The streaming company is set to post December-quarter results on Thursday afternoon, with a report that will not only show how well Roku (ROKU) devices and connected TVs sold during the holidays but also provide some early indications of how Roku benefited from recent streaming launches by Walt Disney Co. (DIS) and Apple Inc. (AAPL) , both of which debuted services in November. Roku shares surged more than 300% in 2019, in part due to enthusiasm around new streaming offerings from some of the larger players in tech and media.
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